Operations Update - Ungani Oilfield
ASX Announcement
6 July 2023
Operations Update - Ungani Oilfield
Buru Energy Limited (Buru, Company) provides the following update in relation to the
impact of recent unseasonal heavy rainfall events in the Kimberley on its Ungani oil
production and operations (Buru 50% and Operator, ROC Oil 50%).
Main Roads WA have advised that the temporary two-lane low level heavy vehicle causeway
crossing at the Fitzroy River has been closed due to what are expected to be short-term
rising river water levels.
Although Ungani production operations are not directly affected, the closure of the causeway
has resulted in the suspension of oil transport operations to the storage tank in Wyndham.
Operations at the Ungani Production Facility continued until 5 July 2023 when onsite storage
facilities reached their maximum safe holding level, after which production operations were
suspended.
Buru expects the closure of the causeway to be temporary and is liaising directly with Main
Roads WA to understand the timeframes for its reopening.
Following restart of operations, Buru will tailor production levels to enable a full lifting of
crude oil from the Wyndham storage tank that is expected in late August, which will provide
a significant increase to the Company’s cash position.
Authorisation
This ASX announcement has been authorised for release by the Chair of Buru Energy.
For further information, visit www.buruenergy.com or contact:
Thomas Nador, Chief Executive Officer
Telephone: +61 8 9215 1800
Freecall:
1800 337 330
Email:
info@buruenergy.com
1
Level 2, 16 Ord St West Perth WA 6005
1800 337 330
info@buruenergy.com
ABN 71 130 651 437
Share your feedback
Discover