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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Post by livindream1968on Jul 12, 2011 3:22pm

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Post# 18823856

BRU volume dropping fast.

Look at BRU volume folks. Up until a week ago the stock was only trading a few thousand shares a day. Absolutely no doubt in my mind that the stock will trade back down to around .15 a share soon after the people start dumping their shares. They are slowly selling off now, but the big dump will come soon and the stock will be back trading at around .15 cents. Mark my word.

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