Oil production
Buru Energy produces crude oil from its onshore fields in the Canning Basin in Western Australia and handles the work needed to bring that oil to market.
Customers and revenue model
Buru Energy Ltd
F:BUD
Buru Energy Ltd
F:BUD
Price:
0.062
EUR
3.33%
Market Closed
Market Cap:
€41.6m
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Company Overview
Business Description
- Sector
- Energy
- Industry
- Energy
- Headquarters
- Australia AU
- IPO date
- Sep 1, 2008
Buru Energy Ltd. engages in the exploration of oil and gas properties. The company is headquartered in Perth, Western Australia. The company went IPO on 2008-09-01. The Company’s petroleum assets and tenements are located onshore in the Canning Basin in the southwest Kimberley region of Western Australia. In the Kimberley, it owns and operates 100% of the conventional Ungani Oilfield project and the conventional gas condensate discovery at Rafael 1. The Ungani Oilfield is located approximately 90 kilometers east of Broome and includes six production wells and associated production facilities. The company also operates a Canning Basin wide portfolio of exploration permits and licenses for prospective conventional and unconventional resources with working interests ranging from 60% to 100%. The company owns over 22,500 square kilometers (km2) of permits, including 100% of EP 129, EP 391, EP428, EP431 and EP 436, and 60% of the EP 457 and EP 458 permits it shares with Rey Resources Ltd.
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