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Buru Energy welcomes oil price bounce-back, brings forward Rafael 1 flow testing

Buru Energy welcomes oil price bounce-back, brings forward Rafael 1 flow testing

Buru Energy Ltd (ASX:BRU)’s Eric Streitberg joins Proactive’s Joel Flynn to discuss the oil price, a recent oil offtake shipment and delays to the Ungani 8H well after the drill string became stuck. The company announced today that it would bring forward flow testing for the Rafael 1 well in the Canning Basin, which will include a series of flow periods and shut-ins to determine reservoir parameters.