viewBuru Energy Ltd

Buru Energy enjoys Ungani success ahead of major drilling program

Buru Energy Limited (ASX:BRU) executive chairman Eric Streitberg updates Proactive Investors on the oil company's Ungani operations and its planned 2019 drilling program.
Favourable exchange movements have lifted the oil price to over $100 per barrel and the company is pushing ahead with a major drilling program in its Ungani Field project, having signed a more efficient rig.
Buru is also excited by its Butler prospect on the Lennard Shelf, which could drive an extensive exploration program over the rest of the year.

Quick facts: Buru Energy Ltd

Price: 0.09 AUD

Market: ASX
Market Cap: $38.89 m

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on 14/9/20

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