Stocks Special Reports LICs Hybrids Technical Analysis Funds ETFs Tools SMSFs
Learn
Video Archive Article Archive
News Stocks Special Reports Funds ETFs Features Hybrids Technical Analysis SMSFs Learn Fund Times Ask the Analyst China Wrap
About

Company News Summary

Buru Energy Provides Operations Update

15 Feb 2013  |  11:45:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Operations Update

Buru Energy provided an update on its exploration program and operations at the Ungani Field production test. Highlights include: strong continued production performance at Ungani Field with initial data gathering phase close to completion with production logging and field shut-in planned; currently drilling Yulleroo 4 appraisal well targeting the major upside in the Basin Centred Gas System (BCGS) in the Yulleroo area; Cyrene 1 well coring high potential Goldwyer Shale with strong oil and gas shows; and Laurel Basin Centred Gas System evaluation by RISC identifies at least 47 TCF of gas net to the company in the regional Laurel Formation BCGS, including over 6 TCF in the Yulleroo regional area.

Please click here for full details

See more ASX300 News Announcements