Before jumped ship away from BRU I would compare the following.
The respective managements.
The number of wells already drilled by BRU and the results.
The proven existence of conventional reservoirs within the Laurel in BRU' permits.
The work done on TO and environmental approvals.
Gas marketing discussions.
The State Agreement .
The Alcoa Agreement.
Cash in the Bank.
The Bank Loan Facility.
The power of BRU's major Farminees , Mitsubishi and Apache.
Mitsubishi's marketing clout.
The current work program .
Ungani oil discoveries and follow up prospects.
Rig contract.
All of this puts BRU in a very strong position and probably puts them at least ten years ahead of any other party in the Canning.
I think I will stay where I am.
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