Articles On Buru Energy (ASX:BRU)

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...

13 May 2022 - Buru Energy (ASX:BRU) has named Thomas Nador as its new chief executive officer, starting no later than September 1.

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 sel...

ASX is set to end the week lower San Fran Fed President Mary Daly signals that a 75bp hike may be off the cards Bitcoin’s crash this week is the biggest since May 2021 ASX to fall, Bitcoin crashes Aussie shares are set to open lower agai...

Buru Energy (BRU) appoints experienced oil and gas executive Thomas Nador as its CEO With 27 years of experience in the oil and gas industry, Mr Nador will assume his new role before September 1 He comes to Buru from his current position a...

The interest rate rise came and the markets fell, then turned a corner. The question now is — will the wheels stay on? Already lagging, the ASX Emerging Companies (XEC) index has closed 0.8% lower. The benchmark has closed 0.4% behind. The...

Stockhead’s Top 10 at 10, published at 10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers...

Stockhead’s Top 10 at 10, published at 10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers...

An independent assessment of Buru Energy’s (ASX: BRU) Rafael wet gas discovery in northwest Western Australia has confirmed its potential to be a “significant” resource for the region. The oil and gas explorer and producer today announced t...

Buru Energy (BRU) says an independent resources assessment of the Rafael-1 well in WA’s Canning Basin confirms the potential for a “major gas resource” Consultant group ERCE was commissioned to undertake an independent review of the gas an...

A week-long rally soured with the share market’s heaviest loss in two months as investors took profits ahead of the long weekend. The S&P/ASX 200 slumped 119.5 points or 1.57 per cent to its first loss in six sessions. The reversal p...

Oil and gas company Buru Energy (ASX: BRU) has  been promised a $7 million grant to evaluate the greenhouse gas storage potential in Western Australia’s onshore Carnarvon Basin should the Morrison government be re-elected. The grant forms p...

Buru Energy (BRU) receives an offer for a Commonwealth Government grant to undertake a feasibility study for a greenhouse gas (GHG) storage project in WA’s onshore Carnarvon Basin The $7 million grant is for three years and the funding wil...

Oil and gas producer and explorer Buru Energy (ASX: BRU) is expecting an independent review of its recent Rafael conventional gas discovery in Western Australia will guide the future appraisal of what could potentially be a “very substantia...

A promising gas discovery revived interest in Buru Energy (ASX: BRU) earlier this week – delivering a 30% share-price rise in the latest example of investors returning to the politically incorrect oil and gas sector, a move which iron ore b...

ASX Emerging Companies (XEC) index has closed 1.5% on Tuesday Index now over 10% the better since February 22 Tuesday winners: ResApp (ASX:RAP), RiversGold (ASX:RGL)    The ASX Emerging Companies (XEC) index is 1.5% higher in late trade....

The Russia-Ukraine conflict pushed oil prices beyond the US$100/b mark this month, and while they’ve settled somewhat, prices could be set to skyrocket. Added to this, OPEC is sticking to its guns with the consortium ignoring calls to ramp...

As work ramps up, Buru has also decided to bolster its leadership and advisory team with new appointments.

Buru Energy (BRU) restarted its gas flow test at its Rafael-1 well last week after the suspension of activities due to cyclone Anika The object of the test was to obtain additional flow and pressure data and stable flow stream samples for...

ASX to slip as Wall Street falls sharply US stocks fell sharply overnight, as the oil spike continued to spook global markets. Brent crude peaked at almost US$140/barrel in Asian hours yesterday, but it was more subdued during New York trad...

The ASX Emerging Companies index (XEC) ran free on Tuesday, climbing over 3%, apparently unrestrained by the various macro or geopolitical issues bothering the rest of us. That said, the more gown up ASX200 also lifted on Tuesday, gaining a...

During the initial stabilised portion of the clean-up period, the gas rate was estimated to be flowing at between 4 to 5 million cubic feet per day on a 32/64” fixed choke with a wellhead flowing pressure of 970 psi.

Stockhead’s Top 10 at 10, published at 10.30am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

Buru Energy’s (BRU) initial flow test at the Rafael 1 well in Western Australia has been successful with gas to surface The testing began last week after a few delays with COVID-19 border restrictions and followed drilling that encountered...

After multiple announcements this month, Buru Energy (BRU) says testing operations have begun at the Rafael 1 well in Western Australia While necessary equipment was secured prior to Christmas, a specialist team from over east was required...

Testing operations for the Rafael-1 well have begun, with initial clean-up flow already underway. Testing was briefly delayed by minor operational issues which were safely resolved.

Coal, or more specifically coal-fired generation, has been the main talking point lately with the most recent headline – billionaire Mike Cannon-Brookes’ rejected $8bn takeover bid for AGL Energy (ASX:AGL) – bringing the changing energy lan...

Testing is expected to start in the next few days and take 7 to 10 days to complete, subject to any weather or operational delays.

After experiencing delays due to WA’s border restrictions and quarantine requirements, Buru Energy (BRU) expects to begin its flow testing program in the next few days The program will be conducted at the Rafael-1 well within the Ungani Oi...

Norwest Energy (NWE) is gearing up to begin seismic operations at its Lockyer Deep-1 Well in Western Australia The well operator, Energy Resources (ERA) is preparing to perforate the Lockyer Deep-1 well this week, which comes ahead of prod...

This year has been one of upheaval in the energy sector with events clearly highlighting that despite increasing the push to adopt reduce emissions, the renewables sector is nowhere ready enough to power up an admittedly very energy hungry...

This program will include a series of flow periods and shut-ins to determine reservoir parameters and is the next critical step in quantifying the potential of the discovery.

The well in Exploration Permit 428 held in joint venture with Origin Energy encountered an interpreted series of significant gas columns.

Junior oil and gas play Buru Energy (BRU) flags a potential $4.1 million in revenue to hit its books from crude oil lifted from its Canning Basin operations in Western Australia The company says the latest lifting of Ungani crude oil from...

Buru Energy (BRU) has a grim start to the trading week after flagging some delays and challenges at its Canning Basin well operations in WA’s Kimberley region The oil and gas explorer has had to delay planned test work at its Rafael 1 well...

The well testing program at Rafael 1 will be undertaken as soon as practicable after February 5 and Buru expects that it is most likely to commence in the third week of February.

Stockhead’s Top 10 at 10, published at 10.30am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

It looks like them energy names are on the rise Wednesday, largely punching above a local market weighed down by weak US leads and possibly boredom. But don’t thank our collective refusal to acknowledge a warming planet. In this case oil pr...

Last year Andrew ‘Twiggy’ Forrest’s investment arm Tattarang bought iconic boot brand RM Williams for $190 million, and invested in Sun Cable Australia via Squadron Energy  – but that was just the beginning of a tidal wave of investments. T...

Buru Energy has a 50% operating interest in the conventional Ungani Oilfield (comprising production licences L20 and L21), while Roc Oil Company Limited holds the remaining 50%.

Buru Energy (BRU) provides an update on the Ungani 8H well drilling east of Broome A 20 inch surface conductor was successfully set at 49.5 metres It has been drilled to section depth of 991 metres with casing installed at 988 metres which...

The Ungani 8H well surface location is on Production Licence L20, some 700 metres to the north-northwest of the Ungani 1 and 2 wellheads and the Ungani Production Facility.

Planned flow testing at Buru Energy’s (BRU) Rafael-1 well in the Canning Basin of WA has been delayed due to recent COVID-19 related border closures The energy stock was planning to bring specialised operators in from South Australia and...

Buru Energy is almost ready to begin reservoir parameter testing at Rafael 1 well in the Canning Basin, following the completion of the well's casing string and installation of the wellhead Christmas tree. The company also expects to comple...

Buru Energy (BRU) has seen the rig released from the Rafael 1 well in Western Australia Rafael 1, jointly held by Buru Energy and Origin Energy, was run with 114 millimetres of tubing, set inside a seven-inch casing The rig was released at...

US stocks tumbled on Friday All three major US stock markets tumbled on Friday, as mega tech stocks fell hard. The Nasdaq was down by 1.92%, the S&P500 by 0.85%, and the Dow Jones index by 0.17%. Weak non-farm payrolls added to the unce...