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Buru Energy preparing to mobilise to drill the Adoxa 1 exploration well

Buru Energy Ltd (ASX:BRU) executive chairman Eric Streitberg talks to Proactive Investors about overcoming challenges with a drilling rig and some of the geology on the Ungani Oilfield onshore WA, to move forward positively.
Streitberg says while they had some issues, the joint venture partners are confident of good results moving forward, with the rig back up and working perfectly, and lessons learned from the drilling.
He adds, Buru Energy was pioneering a technique never before attempted in the Canning Basin, and the company will be redesigning the next well in the Ungani field, to overcome the previous challenges.

Quick facts: Buru Energy Ltd

Price: 0.14 AUD

Market: ASX
Market Cap: $60.49 m

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Buru Energy updates on new board appointments and planning for 2021 work...

Buru Energy Limited's (ASX:BRU) (OTCMKTS:BRNGF) (FRA:BUD) Eric Streitberg caught up with Proactive's Andrew Scott soon after announcing they've appointed three new independent non-executive directors to the board. He says the appointments of Ms Joanne Kendrick, Mr Malcolm King and Ms Samantha...

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