BRU
Click for more information
8.97% 8.5¢ buru energy limited

You forgot to multiply by the oil saturation and divide by the...

  1. Optionsman
    35 Posts.
    lightbulb Created with Sketch. 2
    clock Created with Sketch.
    16/02/14
    23:44
    Post #: 12943109
    You forgot to multiply by the oil saturation and divide by the formation volume factor. Typical numbers are So=0.5-0.8 and Bo=1.1-1.7, but I have no idea what the actual numbers are for Ungani.

    So if you take your 94 mmbo and use So=0.7 and Bo=1.3 (as an example) then OOIP = 50 mmbo.

    OM
    BRU Price at posting: $1.97 Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Government spend has to stop or interest rates must rise, property expert
right-arrow Created with Sketch.
NEWS Results wrap: Wesfarmers, Southern Cross Media, Qantas
right-arrow Created with Sketch.
TLG Talga expands Prospectus Offer to $9M, banks $18.5M overall since end of financial year
right-arrow Created with Sketch.
NEWS Consumer Staples Shine Amid Retail Slump – Key Stocks to Watch
right-arrow Created with Sketch.
EMR Emerald expands underground resource by 105Koz at Cambodian gold mine Okvau
right-arrow Created with Sketch.
HVN Consumers cautious according to Harvey Norman, as profit slumps 35% in FY24
right-arrow Created with Sketch.
watchlist Created with Sketch. Add BRU (ASX) to my watchlist
(20min delay)
Last
8.5¢ 		Change
0.007(8.97%) 		Mkt cap ! $57.06M
Open High Low Value Volume
7.8¢ 8.5¢ 7.8¢ $19.36K 242.7K

Buyers (Bids)

No. Vol. Price($)
1 51211 8.0¢
 

Sellers (Offers)

Price($) Vol. No.
8.6¢ 14851 1
View Market Depth
Last trade - 10.41am 02/09/2024 (20 minute delay) ?
BRU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.