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 receives A$0.40 valuation in MST Access’ initiation report; says Rafael well a “gamechanger”

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Buru Energy Ltd (ASX:BRU, OTC:BRNGF) has received a share price valuation of A$0.40 for its core exploration and production assets in an initiation report compiled by MST Access, the research platform of MST Financial.

MST’s valuation is spearheaded by the company’s ‘transformational’ Rafael gas discovery, which when added to its new ventures and free-carried exploration generates an unrisked upside of around A$1.62/per share.

On the green front, the company’s new ventures in carbon capture and storage (CCS) and hydrogen have opened up low-carbon opportunities.

Looking ahead, Buru is well funded with A$14 million in cash and no debt, poised to execute its growth plan across its various oil and gas operations in WA’s Canning and Carnarvon Basins.

Read the full article on Proactive Investors