BRU
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2.22% 4.6¢ buru energy limited

Ann: Corporate Presentation, page-9

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  1. edshann
    818 Posts.
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    26/03/19
    10:23
    Post #: 37883215
    Yes the only new info I can see (from Malta) is that we are no longer aiming for 3000 bpd at Ungani after 2 expensive horizontal wells, but to double current output from 1200 bpd to around 2400 bpd. Let us hope this is a case of underpromising and overdelivering. What will be the cost of 2 horizontal wells to produce 1200 bpd in total??
    Last edited by edshann: 26/03/19
    BRU Price at posting: 25.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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