Buru Energy

Buru recognises the Traditional Owners of the land on which we operate, and we acknowledge their ongoing cultural and spiritual connections to the lands, waters, skies and communities. We pay our respects to their Elders past, present and emerging.

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Welcome to Buru Energy

Buru Energy to regain full ownership of producing Ungani Oilfield

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Buru Energy Ltd (ASX:BRU, OTC:BRNGF) will regain full ownership of the Ungani Oilfield in the Canning Basin in Western Australia’s north after entering an agreement with Roc Oil to assign its 50% interest in the field to the company.

This agreement covering Production Licences L 20 and L 21, which contain the Ungani Oilfield, provides strategic optionality for Buru for the producing asset from which the next oil lifting is scheduled for late August 2023.

Read the full article on Proactive Investors