This is very good news. Confirms the hypothesis (hope!) that there is a BCGA not just a regional accumulation. This BCGA is thick, and the gas is liquid. There should be very substantial resources eventually booked in this region (ie. multi TCF, probably eventually dozens of TCF). And the route to market will be faster and less capex intensive if they can first develop the conventional sand packages. This well confirms that Buru has a massive tiger by the tail. It should substantially improve Buru's bargaining power in the farmout discussion. And it also makes Buru more attractive as a corporate takeover target ... Any supermajor now has confidence in a huge regional accumulation that will eventually require many billions of capex and will produce much more in revenue over decades.
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This is very good news. Confirms the hypothesis (hope!) that...
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