Buru Energy Limited

Equities

BRU

AU000000BRU3

Oil & Gas Exploration and Production

Market Closed - Australian S.E. Other stock markets 02:10:44 2024-04-26 am EDT			5-day change	1st Jan Change
0.105 ^AUD	+6.06%		-12.50%	-4.55%

Mar. 25	Buru Energy Limited Reports Earnings Results for the Full Year Ended December 31, 2023	CI
2023	Buru Energy Raises AU$3.7 Million in Share Purchase Plan	MT

Buru Energy pleased to award pre-FEED study for Rafael

October 10, 2023 at 05:51 pm EDT

(via NewsDirect)

Buru Energy Ltd (ASX:BRU, OTC:BRNGF) CEO Thomas Nador tells Proactive the company has progressed the development of its Rafael gas condensate resource in the Canning Basin of Western Australia, awarding a pre-Front End Engineering Design (FEED) study to global professional services company GHD Pty Ltd. GHD will deliver concept select level engineering for the first phase of the Rafael development, enabling the project’s progression to FEED in the second half of 2024. Within the last week, Buru has completed the Rafael 3D seismic survey acquisition program on time and on budget. Data from the survey will serve to delineate the Rafael resource structure more precisely and guide the appraisal drilling program planned for 2024.

Nador said: “We are very pleased to be partnering with GHD on this critical scope of work to progress the Rafael phase one development. The work over the next several months will enable Buru to define the phase one Rafael development to a level of maturity that will enable it to proceed to FEED next year for this potentially transformative energy project in the Kimberley. We are demonstrating that Buru is delivering on its plans to generate benefits to its shareholders, Traditional Owners, the government and Kimberley communities.”

Contact Details

Proactive Investors

Jonathan Jackson

+61 413 713 744

jonathan@proactiveinvestors.com

Latest news about Buru Energy Limited

Buru Energy Limited Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 25	CI
Buru Energy Raises AU$3.7 Million in Share Purchase Plan	Dec. 12	MT
Transcript : Buru Energy Limited - Special Call	Nov. 28
Buru Energy Subsidiary Completes Carbon Capture Study at Rafael Project	Nov. 27	MT
Buru Energy to Raise AU$5 Million in Placement; To Open Share Purchase Plan	Nov. 14	MT
Buru Energy Hires Contractor for Rafael Phase 1 Project	23-10-09	MT
Buru Energy Picks Miro Capital for Canning Basin Partner Selection Process	23-10-06	MT
Buru Energy Completes Seismic Survey at Rafael Gas Discovery	23-10-03	MT
Buru Energy Limited Reports Earnings Results for the Half Year Ended June 30, 2023	23-09-08	CI
Buru Energy Starts Acquisition of Rafael 3D Seismic Survey	23-09-04	MT
Buru Energy Set to Reclaim Complete Ownership of Ungani Oilfield	23-08-22	MT
Buru Energy Divests Carnarvon Basin Assets in AU$5 Million Deal; Shares Down 5%	23-08-14	MT
Energy Resources Ltd acquired remaining 25% interest in Onshore Carnarvon Basin of Western Australia from Buru Energy Limited for AUD 5 million.	23-08-13	CI
Buru Energy Executes Seismic Survey Contract for Western Australian Exploration Permit	23-07-20	MT
Buru Energy Pauses Oil Transport at Ungani Oilfield Following Weather Event	23-07-07	MT
Buru Energy Wins Approval for Declaration of Location for Rafael 1 Gas & Condensate Discovery; Shares Jump 11%	23-07-03	MT
Transcript : Buru Energy Limited - Shareholder/Analyst Call	23-05-24
Buru Energy Rises 8% After Restarting Oil Production at Ungani Production Facility	23-05-14	MT
Buru Energy Provides Update in Relation to the Restart of Production from the Ungani Oilfield	23-05-14	CI
Buru Energy Submits Location Application for Rafael 1 Gas and Condensate Discovery	23-04-04	MT
Buru Energy Limited Reports Earnings Results for the Full Year Ended December 31, 2022	23-03-27	CI
Buru Energy Limited Reports Earnings Results for the Full Year Ended December 31, 2022	23-03-27	CI
Buru Energy Acquiring Origin Energy's Canning Basin JV interests	23-02-13	MT
Buru Energy Limited agreed to acquire remaining 50% interest in EP 428, EP 129, EP 391, EP 431 and EP436 from Origin Energy West Pty Ltd for AUD 34 million.	23-02-12	CI
Hopes of Slower US Fed Rate Hikes Buoy Australian Shares to Nearly Nine-Month High	23-01-16	MT

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Company Profile

Buru Energy Limited is an Australia-based energy company. The Company is engaged in production and exploration of oil and gas. The Companyâs petroleum assets and tenements are located onshore in the Canning Basin in the southwest Kimberley region of Western Australia. In the Kimberley, it owns and operates 50% of the conventional Ungani Oilfield project and the conventional gas condensate discovery. It also operates a Canning Basin wide portfolio of exploration permits and licenses for prospective conventional and unconventional resources with working interests ranging from 60% to 100%. The Company is also involved in natural hydrogen, carbon capture and storage, and battery mineral activities.

Sector

Oil & Gas Exploration and Production

Calendar

2024-05-29 - Annual General Meeting

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