BUR weekly chart is still showing a steady increase. The next well spudded last week and should take a couple of weeks to drill the vertical and then we shall know how many bags to expect.
No fraccing required and as it is a known field, it is really a matter of the initial flow rates determining how much this flies.
If we can break through 2.2 cents then the next target is 2.5 cents. Even a modest well with flow rates as low as 1500mcf gas and 37 boepd should see 3 cents hit.
![]()
- Forums
- ASX - Short Term Trading
- Short Term Trading Week Starting -28 July
BUR weekly chart is still showing a steady increase. The next...
Featured News
Featured News
The Watchlist
WCE
WEST COAST SILVER LIMITED
Bruce Garlick, Executive Chairman
Bruce Garlick
Executive Chairman
Previous Video
Next Video
SPONSORED BY The Market Online