Buru Energy Ltd (ASX:BRU)'s Eric Streitberg speaks to Proactive soon after the news they've spudded the Rafael 1 conventional oil exploration well. They're targeting mean prospective resources there of 69 million barrels. Rafael 1, which was spudded on Sunday, is being drilled in Exploration Permit EP 428 in the Canning Basin in northwest Western Australia.
Buru Energy upbeat as it spuds Rafael 1
Quick facts: Buru Energy Ltd
Price: 0.1575 AUD
Market Cap: $84.8 m
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