BURU ENERGY ORD
Buru Energy Secures $5.3M Placement to Fund Rafael Gas Project with Enhanced Economics
Buru Energy raises A$5.3M via two-tranche placement to fund Rafael gas project; says optimisations lift pre-tax cash flow 20-47% and IRR to 42-80%.
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. […]