re: Ann: BRU: Drilling Progress Report - Lawf...
The report by BRU's chief should give NSE holders a clear message.
Here is the quote “While it is disappointing that the joint venture has not been able to reach the Laurel Formation in this well, we have learned valuable lessons about the regional geology. ... this well sits considerably outside our core areas of interest...”
Ergo: Plugged and abandoned!
BRU is going back to its acreage.
Apparently not all Canning acreage was created equal.
NSE Price at posting:
36.0¢ Sentiment: Sell Disclosure: Not Held
