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Buru Energy Ltd 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 Ltd
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Post by Ebenizer3on Jun 20, 2023 7:46am
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Post# 35504673

Buru energy eyes commercialisation of Rafael...

Buru energy eyes commercialisation of Rafael...    https://finance.yahoo.com/news/headline-150000087.html                                                                          Melbourne, Victoria --News Direct-- Buru Energy Ltd
 
Buru Energy Ltd (ASX:BRU) CEO Thomas Nador talks to Proactive’s Elisha Newell about the commercialisation pathway for the company’s Rafael gas and condensate resource in WA’s Canning Basin. Together with Transborders Energy, Buru has identified a technically, commercially and economically feasible option to commercialise Rafael using a Kimberley-based floating liquified natural gas (FLNG) plant solution. Nador says the option, as outlined in a pre-feasibility study, could also offer a relatively lower cost and shorter time frame to development than alternative gas export options.             https://finance.yahoo.com/news/headline-150000087.html
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