Buru Energy Ord Shs V.BRU.H

Primary Symbol: BRNGF

Energy Oil & Gas E&P

Buru Energy Limited is an Australia-based diversified energy company focused on exploration and production of hydrocarbon and non-hydrocarbon energy resources in Australia. 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. It 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%. It 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.

OTCPK:BRNGF - Post by User

Buru Energy Ord Shs

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Comment by sleepydoggieon Nov 13, 2007 2:21pm

425 Views

Post# 13800229

Unfortunately

This one has broken down and well it looks like there is no end to the selling out of Europe...with all the news out this one is still heading south...it is time for management to step down gracefully and let someone else lead this company...we need a fresh start. This cannot get off the ground with the present team in place. Either they step down or this one heads to zero...dilution ahead..and no production for years to come...It is all but over...

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