V,I agree, BUR has some way to go.But it is early days, and they...

V,

I agree, BUR has some way to go.

But it is early days, and they do appear to be off to a great start.

They should be able to fund future exploration from cash flow.

So apart from the existing notes etc you have mentioned, they should not need to dilute shareholders interest by issuing tons of paper.

And they do have some very prospective ground to drill.

Id be quite happy with several more wells out of another 20+ to be drilled each making $8K/day.

And that indeed is a possiblility

So as far as your description "little US mainland oilers pumping out the dregs looked over in the past"

I think you have taken your poetic licence a little too far.

Cheers

Bendigo