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2.22% 4.6¢ buru energy limited

7 May 2018 Operations Update Ungani Oilfield production restart...

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  1. CEOChair
    15,767 Posts.
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    20/01/19
    19:14
    Post #: 37169325
    7 May 2018
    Operations Update
    Ungani Oilfield production restart
    The Ungani 1 and 2 wells have now been brought back on production with strong results. After a short initial period of free flow the pumps in both wells were restarted without incident and the wells are now producing a combined total of some 2,400 bopd with water cuts of ~10% to 12%. These water cuts are significantly lower than when the wells were shut-in in January because of the road closure.
    You’re on fire today, Cruise
    Last edited by CEOChair: 20/01/19
    BRU Price at posting: 23.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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