Proactive Investors - Run By Investors For Investors

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.
 
Meet Xanadu Mines Ltd, Invitrocue Ltd, Infinity Lithium Corporation Ltd, Oventus Medical Ltd and Zelda Therapeutics Ltd at our event, Melbourne , 14 May 2019. Register here »
View full BRU profile View Profile

Buru Energy Ltd Timeline

© Proactive Investors 2019

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use