BRU
Director Trades
| Date | Director | Value |
|---|---|---|
| D. Maxwell | $43,900 | |
| M. King | $5,000 | |
| D. Maxwell | $310,000 | |
| David Maxwell | $30,000 |
Company News
Buru Energy Intensifies Focus on Rafael Gas Project Despite Production Delay
Buru Energy (ASX: BRU) continues to tinker with the timetable for bringing its Rafael gas and condensate field to market. The company had been hoping to start-up production from Rafael in 2027, but has now conceded the project is not likely to come online until Q1 2028. The confirmation of the new start-up schedule follows […]
Buru Energy partners with CEFA to develop Rafael gas and condensate project in WA
Buru Energy (ASX: BRU) has signed a strategic development agreement with Clean Energy Fuels Australia (CEFA) to co-develop its Rafael gas/condensate project, located approximately 150 kilometres east of Broome. Buru had previously identified the potential for Rafael to replace long-haul trucked or imported fuel used for power generation and mining in the north-west of Western […]
Buru Energy to partner with Sabre Energy at Rafael Shallow oil prospect in WA’s Canning Basin
Buru Energy (ASX: BRU) has completed an extensive hunt for a partner for the drilling of its onshore Rafael Shallow prospect in northwest Western Australia with the announcement that it has signed a farm-in agreement with Sabre Energy. The privately-owned Sabre will now partner with Buru in the high-impact oil target in WA’s Canning Basin. […]
Gold Hydrogen’s 100-year-old success leads to a Buru Energy ‘speeding ticket’
A successful hydrogen and helium discovery has boosted the stocks of energy explorer Gold Hydrogen (ASX: GHY) and led to Buru Energy (ASX: BRU) receiving an ASX “speeding ticket”. Gold Hydrogen attracted significant attention when its Ramsay 1 exploration well intersected significant levels of natural hydrogen and helium gas, confirming 100-year-old measurements from a bore […]
Winners and losers unveiled in Western Australia’s gas crackdown
While the big end in town is up in arms, some of its junior oil and gas industry compatriots have welcomed news of the Western Australian government’s decision to update its WA Domestic Gas Policy. The change to the gas policy covering the onshore Perth and Canning basins has received mixed reactions from the industry, […]
Buru Energy expects ‘record revenue’ from Ungani oil field sales
Buru Energy (ASX: BRU) is anticipating “record revenues” with oil lifting from the Ungani field beginning today at Wyndham Port in Western Australia’s north. Oil from the Ungani field is transported to Wyndham Port where it is then lifted onto a tanker for transport to South East Asia. Crude tanker Aris is carrying out the […]
Buru Energy readies for well test program at Rafael gas discovery, advances energy transition assets
As part of its ongoing commercialisation strategy, Buru Energy (ASX: BRU) is readying to undertake a well test program for its Rafael gas condensate discovery in Western Australia’s Canning Basin, while, in parallel, advancing its energy transition assets. The well test program at Rafael 1 will begin in the September quarter, with plans to use […]
Buru Energy secures farm-out deal for onshore Carnarvon Basin permit
Buru Energy (ASX: BRU) has reached an agreement with Mineral Resources’ (ASX: MIN) subsidiary Energy Resources (EnRes) to restructure each parties’ interests in Block L20-1 within Western Australia’s onshore Carnarvon Basin. Under the terms of the deal, Buru will divest 25% of its total 50% equity in the permit to EnRes and relinquish operator rights […]
Big-name investors, politicians embracing oil and gas, as price tipped to surge
Follow the money (and follow the politics) because this week’s hot advice is that when it comes to investing in energy, money and politics are heading in the same direction and it’s not all about wind, solar and other renewables. The world’s top investor, Warren Buffet, this week loaded up on oil stocks ahead of […]
Buru Energy appoints former Beach Energy executive as new CEO
Buru Energy (ASX: BRU) has announced the appointment of former Beach Energy (ASX: BPT) executive Thomas Nador as its new chief executive officer. Buru’s executive chairman Eric Streitberg says Mr Nador is well suited to the role and was selected after “a rigorous evaluation process by the company’s executive leadership consultant”. “ has the skills […]
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