I mean that odds are good compared with industry averages, but I would expect that even Ungani North is still less than 50% chance of success. i.e. even in a hot spot odds are generally against individual well success.
And the Cyrene conventional oil target is probably closer to 10% or less. However, with Cyrene we will also be investigating the Goldwyer so there's potential for good, while not definitive, news from there.
BRU Price at posting:
$2.89 Sentiment: Buy Disclosure: Held
