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 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 […]
Buru Energy partners with CEFA to develop Rafael gas and condensate project in WA
Buru Energy (ASX: BRU) has signed a strategic development agreement with Clean Energy Fuels Australia (CEFA) to co-develop its Rafael gas/condensate project, located approximately 150 kilometres east of Broome. Buru had previously identified the potential for Rafael to replace long-haul trucked or imported fuel used for power generation and mining in the north-west of Western […]
Buru Energy to partner with Sabre Energy at Rafael Shallow oil prospect in WA’s Canning Basin
Buru Energy (ASX: BRU) has completed an extensive hunt for a partner for the drilling of its onshore Rafael Shallow prospect in northwest Western Australia with the announcement that it has signed a farm-in agreement with Sabre Energy. The privately-owned Sabre will now partner with Buru in the high-impact oil target in WA’s Canning Basin. […]
Gold Hydrogen’s 100-year-old success leads to a Buru Energy ‘speeding ticket’
A successful hydrogen and helium discovery has boosted the stocks of energy explorer Gold Hydrogen (ASX: GHY) and led to Buru Energy (ASX: BRU) receiving an ASX “speeding ticket”. Gold Hydrogen attracted significant attention when its Ramsay 1 exploration well intersected significant levels of natural hydrogen and helium gas, confirming 100-year-old measurements from a bore […]
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