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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
Comment by RogueWolfon Jul 19, 2011 6:05pm
444 Views
Post# 18849196

RE: i believe if she can do .375 to .385

RE: i believe if she can do .375 to .385I'm LONG on BRU..not selling my shares for anyone

Agreed....I even bought into that run up last friday.....shouldnt have but I got to admit......when I saw their 1024m intercept it forced me into some panicked buying lol.....in retrospect I should have waited but theres no such thing as a perfect trade...its always couldve wouldve shouldve.  Regardless...a preliminary drill intercept of that magnitude, bordering on Imperial Metals North red Chris claim tells me theres a shot at some significant mineralization in there...and the fact theyre doing such a small drill program tells me they know exactly where to look. 

Everyone piled in last Friday causing a run up in the stock, but personally I feel while we may be down a bit, given time this thing WILL payoff.

I will be adding to my position after CUU....diversifying my cash into BRU, SFF and BXX.

Freedom 35 baby....

Rogue,
Bullboard Posts