Articles On Buru Energy (ASX:BRU)

Sipa Resources (SRI) and Buru Energy (BRU) complete the first diamond hole at the Barbwire Terrace project in WAThe project falls under a 50/50 joint venture, with Sipa holding the reins as operator, while drilling costs are co-funded by th...

Sipa Resources (SRI) begins diamond drilling at the Barbwire Terrace project in the Fitzroy Trough in WA The company is drilling up to four holes to test base metal targets along the southwest margin of the Fitzroy Trough Prior to drilling...

East coast gas prices have brought ideas such as the popular west-east pipeline to the forefront Sustained high gas prices make the commercialisation of under-developed regions critical to national supply Government-led propositions to unl...

Buru Energy’s (BRU) joint venture partner Origin Energy (ORG) delays systematic appraisal of the Rafael gas discovery in Western Australia Plans for a follow up flow test and acquisition of a 3D seismic survey were well advanced however OR...

Buru Energy (ASX: BRU) is anticipating “record revenues” with oil lifting from the Ungani field beginning today from Wyndham Port in Western Australia’s north. Oil from the Ungani field is trucked to Wyndham Port where it is then lifted ont...

Buru is on track for record revenue from the latest lifting of about 75,000 barrels of crude oil sourced from its Ungani oil field in WA’s onshore Canning Basin. The company expects the sale to BP Singapore at FOB Wyndham Port to deliver re...

Highlights The lithium industry is not hot as it was in 2021. Some lithium companies like Allkem Limited and Mineral Resources Limited are on their way to speeding up lithium production. The lithium industry is not hot as it was in...

Buru Energy (BRU) successfully taps retail and private investors for $9.2 million to fund appraisal and commercialisation activity at its Rafael gas discovery in WA’s Canning Basin Buru will issue around 57.6 million new shares at 16 cents...

Highlights Many of the lithium stocks closed in red today, including Pilbara, Piedmont and Mineral Resources. The fall in share prices might be because Argentina has set a reference price for lithium carbonate exports. Since Anthon...

Highlights Lithium is extensively used in rechargeable batteries. The metal is now considered "the new gold". Many lithium stocks performed well in the past month, including Pilbara Minerals and Mineral Resources. Lithium is consi...

Planning for the proposed testing of the Rafael-1 conventional wet gas discovery is continuing with Buru recommending the use of a coiled tubing unit over a workover rig. The well in the onshore Canning Basin flowed gas at an estimated rate...

Buru Energy (BRU) and its JV partner, Origin Energy (ORG), are preparing for another testing program at the Rafael-1 well in WA’s Canning Basin Buru says the program, targeted for the third quarter, would be optimised with the use of a coi...

As part of its ongoing commercialisation strategy, Buru Energy (ASX: BRU) is readying to undertake a well test program for its Rafael gas condensate discovery in Western Australia’s Canning Basin, while, in parallel, advancing its energy tr...

“The next few months are going to be very exciting as the Rafael testing program gets underway and our commercialisation and CCS activity ramps up,” says executive chair.

“The farm-out transaction will allow EnRes to bring the expertise of its highly successful Perth Basin operating team to the L20-1 area and allow Buru to focus on its very exciting Rafael gas condensate discovery in the Canning Basin and on...

Buru is handing a further 25% interest and operatorship of permit L20-1 in the onshore Carnarvon Basin to its current partner Energy Resources (a subsidiary of Mineral Resources)  in exchange for a free carry on the first two exploration we...

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...