CEO,
I onto my 4th cuppa ......
what im trying to get at - is the company had a partner - and basically - they couldn't agree on how to commercialise a large amt of gas-cond ......
BRU, net-net sawpped a bunch of obligations and a truck load of resource for some oil and 50% of two more modest gas discoveries ......
as I said - mr market doesn't give a "Hoot" abt the exploration potential until and unless someone puts a price on it....
also obviously - BRU cant fund all of the upside in a "reasonable" timeframe (ie 2 yrs).....
rgds
V_H
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