Buru Energy says that since the last report of 4 February the wireline logging and pressure testing program has been completed. The quality of the wireline logs is excellent, but definitive pressures were not able to be obtained principally due to the vugular nature of the dolomite reservoir.

The uppermost 15 metres of the reservoir zone is interpreted from logs to be oil saturated, has significant vugular development, and had oil bleeding from cores. The wireline log interpretation suggests, however, that the potential oil column extends a further 26 metres to a total of approx. 41 metres. There is further potential pay in a lower zone that also has significant vugular and fracture development.

Tags: Buru Energy