BUR 8.00% 13.5¢ burley minerals ltd

shortly to double revenue?

  1. 1,232 Posts.
    lightbulb Created with Sketch. 2
    Hi Guys,

    According to the last annoucement on Febuary 2nd, we can expect the production tubing now being in place and D.T1 and now open to sales J1 also within a week.

    As most know,

    H1 is producing @ 1.32 mmcf/d and 56bpd of condensate.
    DT1 @ 1-1.7mmcf/d and 20-60 bpd of condensate.
    J1 @ 2.1mmcf/d and 38 bpd condensate from 1 zone.
    B1 @ .5mmcf (off memory feel free to adjust)

    I cant understand the sell off? Within days they will double revenue from both gas and condensate sales and further upside is possible from J1!

    Hopefully no need for a CR in the near future?



 
watchlist Created with Sketch. Add BUR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.