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Buru Energy Ord Shs V.BRU.H


Primary Symbol: BRNGF

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

Bullboard Posts
Post by Peak675on May 07, 2011 2:27pm
438 Views
Post# 18544811

Imperial Metals and Red Chris

Imperial Metals and Red ChrisI posted this on Imperial Metals but thought some here might be interested re Red Chris. I have both III and BRU.

https://secure.globeadvisor.com/servlet/ArticleNews/story/gam/20110506/GIEYESWEB0506ATL


Imperial Metals Corp. (III-TSX)

Close: $20.78, up 29¢

Imperial Metals Corp.'s Red Chris copper-gold project in B.C. hassecured all permits to come on-stream as a 30,000 tonne-per-dayoperation at the end of 2013. But CIBC World Markets analyst IanParkinson sees further upside. "We believe investors are buying theoperating assets and Red Chris as permitted, but receiving a likelyexpansion plus development assets for free," he said.

Upside: Mr. Parkinson initiated coverage of Imperial Metals with a $36 price target.


Bullboard Posts