Buru Energy Limited
Buru Energy Limited is an Australia-based diversified energy company focused on exploration and production of hydrocarbon and non-hydrocarbon energy resources in Australia.
The business
Buru Energy Limited is an Australia-based diversified energy company focused on exploration and production of hydrocarbon and non-hydrocarbon energy resources in Australia. The Company’s 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 100% of the conventional Ungani Oilfield project and the conventional gas condensate discovery at Rafael 1. The Ungani Oilfield is located approximately 90 kilometers east of Broome and includes six production wells and associated production facilities. 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%. It owns over 22,500 square kilometers (km2) of permits, including 100% of EP 129, EP 391, EP428, EP431 and EP 436, and 60% of the EP 457 and EP 458 permits it shares with Rey Resources Ltd.
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Latest news

Buru Energy Books Maiden Reserves to Advance Rafael Gas Field Development
Buru Energy books maiden 2P reserves of 15.25 MMboe for Rafael gas field; aims first LNG/LPG sales by 2029 as financing and FID momentum builds.

Buru Energy Triples 2C Contingent Resources in Restart Review at Ungani Oil Field
Buru Energy lifts Ungani 2C contingent resources to 660,000 bbls (from 220,000), as it reviews a cheaper restart plan and micro-refinery options.

Buru Energy Secures $5.3M Placement to Fund Rafael Gas Project with Enhanced Economics
Buru Energy raises A$5.3M via two-tranche placement to fund Rafael gas project; says optimisations lift pre-tax cash flow 20-47% and IRR to 42-80%.

Buru Energy Intensifies Focus on Rafael Gas Project Despite Production Delay
Buru Energy (ASX: BRU) continues to tinker with the timetable for bringing its Rafael gas and condensate field to market. The company had been hoping to start-up production from Rafael in 2027, but has now conceded the project is not likely to come online until Q1 2028. The confirmation of the new start-up schedule follows […]
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