buru leverage, page-17

I think we should look at the strategic involvement of Arc (through Buru) in New Standard Energy.

Reading of NSE's announcements etc, they have secured drilling contractors ADS using their #6 rig. They are drilling 2 wells starting in August, shallow prospects. I suspect Eric will look at taking this rig once NSE is done with it.

Pity because we have to wait even longer, but I'm sure the strategic benefit is there to get the testing underway when Buru is listed for maximum leverage on any decent news??