BRU 0.00% 8.5¢ buru energy limited

yulleroo 4, page-27

  1. 907 Posts.
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    Don't hold your breath, robbo. Ease up mate.

    They are just getting to their offices in Perth. By bthe way counting of Kimberly votes may take another week as per ABC:
    “The former Federal Leader of the Greens, Bob Brown, reportedly claims, that the people of Broome and the Kimberley don't want the gas hub.”
    “But his claim appears to ignore the 60 percent of Broome voters who didn't vote for the Greens, and the almost 90 percent of voters who didn't vote Green in the Kimberley's other towns. And this has to be taken in the context that all the other main parties did not oppose the gas precinct at James Price Point.
    With a result in the Kimberley expected to take more than a week to determine as remote polling booths and postal votes separate the closely contested battle.”
    http://www.abc.net.au/local/stories/2013/03/10/3712247.htm?site=kimberley

    1.) Main thing is: Colin Barnett won the elections with a landslide and enough support in WA parliament.
    2.) Eric and his team will soon inform us what they have agreed with Mitsubishi during their visit to Japan.
    3.) Program for 2013 should be announced soon including decision on drilling rig(s).
    4.) After reading and fully agreeing with Modula's comment #9143971 and specifically #914596118:
    “There is another reason I think Buru will wait it out as far as testing goes, which I'm not going to raise on a public forum.” Schedule for the testing of Yulleroo 4 will be announced in due time.
    5.)Last not least: Yulleroo 4 is already a winner. BRU ASX release 28FEB13:
    Eric: “The well has been deliberately drilled at a lower structural elevation compared to the other wells, and the gas shows and results to date indicate that the gas accumulation is not controlled by the structural closure as currently mapped by Buru. This gives confidence that the Yulleroo Gasfield is part of a broader Basin Centred Gas System and points to a substantial upside to the resources in the area. Definitive results will require the well to be completed and logged but the results to date are very encouraging”.

    Results of wireline logging are imminent , cool down mate. We'll have a winner.
 
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