Ann: Corporate Presentation, page-11

Perhaps the time to present is quite short?
Although like some I think BRU needs to start warming up the 'exploration' fires so to speak.
As we have spent $$$$ on the 'crack team' to filter the targets for 2019 and onwards yet.... from last years presentation (before the crack team) I can see ZERO difference in the map and targets provided.



Emanuel was planned to be drilled back in 2016, but they cut it off the list. Perhaps due to it being 100% BRU its back because the rig is theirs for the year and it should be damn well used to its full capacity! Plus, access is almost guaranteed even during the wet season.

I can only assume that as we get closer to the rig mobalizing we will get more detail regarding the horizontals, plus Yakka, Rafael etc.
I really do hope they focus on maximising the rig this year. As the sheer cost of getting here alone means that it must, must be used to drill as many targets as possible. Surely even ROC are on board with this, otherwise they have just thrown $84m (plus of course all the shared costs), perhaps $10m so far? Add another $10-15m for the horizontals and we are looking at $110m+.

BRU has always had a good story to sell, but... sadly the story must be met with actual outcomes this year. Let us indeed hope for a change, the 'doubling of production' is a conservative target.

I will forever be grumpy about things like Blina. For a small investment last year, it would have paid itself off by now even just producing at 100bopd.

I wonder if we will ever hear anything else regarding Ungnai North? Or... if water cut is a growing issue, will they will upgrading the water handling equip, etc. Perhaps this will all be covered in the quarterly, but I would like some info just to show that every possible avenue is being carefully assessed to maximise what little production we have right now.

ok... back into the Cave with Jop.