From BRU's release today regarding the Cyrene-1 in the next couple of months:
The conventional target in this well has the capacity to hold in the order of 5 million barrels of recoverable oil, if hydrocarbons are present. Importantly, the conventional play type being targeted in this well is interpreted as being extensive throughout the area based on seismic and historical wells data. Therefore a success at Cyrene-1 provides a strong likelihood that a regional conventional oil play may be able to be developed.
Extensive in the area? Should see a derisked prospectivity premium on top of our share of the oil on a success case. No doubt a report would follo outlining this extent and future drilling prospects.
- Forums
- ASX - By Stock
- regional play potential
From BRU's release today regarding the Cyrene-1 in the next...
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add KEY (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.262M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
KEY (ASX) Chart |
Day chart unavailable
The Watchlist
ACW
ACTINOGEN MEDICAL LIMITED
Will Souter, CFO
Will Souter
CFO
Previous Video
Next Video
SPONSORED BY The Market Online