Some promising signs on the Anderson formation in Buru's latest update on their drilling.
The same formation that KEY is looking at in terms of the Stokes Bay #1 test program later this year followed by the West Kora #1 workover.
Key considers there is potential for the Anderson Formation to have potential recoverable gas of up to 100 Billion Cubic Feet within the structure.
To compare, Kiliwani North gas field has 45BCF PMean.
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Some promising signs on the Anderson formation in Buru's latest...
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Will Souter, CFO
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