Buru Energy set to restart oil production from Ungani
Buru is set to re-enter production in a time of stable oil prices.
Company
Buru Energy Ltd
ASX:BRU
Buru Energy Ltd is an ASX listed diversified energy company focused on exploration and production of hydrocarbon and non-hydrocarbon energy resources in Australia. The company is headquartered in Perth, Western Australia with a regional operational office in Broome. It pursues the exploration, development and commercialisation of hydrocarbon resources in the onshore Canning Basin in north-western Australia.
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Buru Energy confirms Laurel tight gas potential and advances Ungani oilfield restart
Asgard 1 is located onshore in the Canning Basin of Western Australia.
Buru Energy Ltd secures significant Native Title Agreement
Eric Streitberg, executive chairman, commented: “The agreements will greatly facilitate the further appraisal and development of the gas and liquids accumulation in the area of the Valhalla and Asgard wells.”
Buru Energy Ltd positioned to deliver further value on Canning Basin assets
Buru has the potential for large value delivery from both its oil and tight gas assets in the Canning Basin located in northwest Western Australia.
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Buru Energy Ltd achieves significant milestone in Canning Basin gas project
The agreement covers land within Exploration Permit EP371 in the Kimberley region of Western Australia and is in the form of an Indigenous Land Use Agreement or ILUA with the Yungngora People.
Buru Energy Ltd advances gas program in Canning Superbasin
Eric Streitberg, executive chairman, commented: "We have proven conclusively that we have a high quality gas resource with significant liquids content, and that we have the techniques to produce it safely and effectively."
Buru Energy Ltd unlocks Valhalla gas, eyes reserves and development project
The Laurel Formation is a basin centred gas accumulation with potentially world-class resources of gas and hydrocarbon liquids. The recent program and resource estimate covers just a small portion of this regional resource with Buru holding
Buru Energy Limited confirms productivity and prospectivity of Ungani Dolomite
Eric Streitberg, commented: "The core through the dolomite reservoir has given us very valuable insights into the Ungani Dolomite reservoir characteristics."
Buru Energy Limited moves closer to revealing full potential of Ungani Far West 1
Early indications on the well has drawn similarities to the company’s flagship Ungani wells, which are strong producing wells with good quality oil from the similar Ungani Dolomite reservoir.
Buru Energy Limited confirms oil from Ungani Far West, extent of Ungani Dolomite
The next key catalysts for Buru will be the test results from the Ungani Far West 1 well. This highly anticipated news flow is expected over the next couple of weeks.
Buru Energy hits oil at primary target at its Ungani Far West 1
The next drilling report will be highly anticipated and is expected to further outline the potential scale of the resource at the Ungani Far West 1 well. Early indications is that this well is similar to the company’s flagship Ungani
Buru Energy tests more oil, to core Ungani Dolomite as projects advance
Buru Energy is set to begin coring at the primary target of its Ungani Far West 1 well in Western Australia's Canning Basin as the company charts production and testing progress across its oil and gas portfolio after successfully testing oi
Buru Energy progresses towards primary target at Ungani Far West 1
With recent drilling results confirming an oil column in the Anderson Formation at the company’s Ungani Far West 1 well in the Canning Basin, Buru Energy is preparing for the highly anticipated drilling of the project's primary target
Buru Energy hits oil in the upper section of key Ungani Far West 1 Well
Buru Energy has found a new producing zone and recovered oil from its Ungani Far West 1 well in the Canning Basin, just one kilometre off the Ungani access road, heightening expectations for the new play in the Ungani area.
Buru Energy drilling to enhance Ungani oil plans
Buru Energy is advancing a drill program at its Ungani oil project in Western Australia as new insights bode well for resource growth and additional output.
Buru Energy adds potential for more oil at Ungani well
Ongoing drilling at Buru Energy’s Ungani Far West 1 well in Western Australia has revealed oil shows with some similarities to those observed in the equivalent formations on the Lennard Shelf in the Sundown and West Terrace accumulati
Buru Energy mulls resource expansion with spudding of new oil well
Buru Energy has spudded a low-risk and highly prospective conventional oil well near its producing Ungani oil property in Western Australia’s onshore Canning Superbasin.
ASX simmers as these resource plays take off
The Australian All Ordinaries continued to trade in positive territory today with the index last holding at a marginally higher 5,300 points. Mining and energy stocks are looking weak, but a few gems have surfaced.
Buru Energy finds going is gas in Canning Superbasin
The Tight Gas Pilot Exploration Program is a proof of concept fracture stimulation of the Laurel Formation tight gas accumulation in two vertical wells, Asgard 1 and Valhalla North 1.
Buru Energy's executive chairman Eric Streitberg in Proactive Q&A Sessions™
Eric Streitberg, executive chairman, Buru Energy, speaks exclusively in Proactive Q&A Sessions™.
Buru Energy and Mitsubishi Corporation spud Senagi 1 on Ungani trend
If successful, Senagi has the potential to be a substantial oilfield and it will also open up further drilling opportunities in a number of similar structures.
Buru Energy progressing Canning Basin petroleum exploration
Results are expected over the coming weeks from testing of the Praslin 1 and the Victory 1 intersecting the primary target. Other activity includes spudding the Senagi 1 well and starting 3D seismic in the Canning Basin.