Articles On Buru Energy (ASX:BRU)

Preparations for the spud of the Kurrajong 1 conventional oil exploration well are well advanced with the construction of the drilling pad nearing completion.

In a sector that has seen precious little recent domestic exploration, Buru Energy is progressing its plans to kick off a major drilling program onshore in the Canning Basin next month. The drilling program includes exploration wells on two...

Two exploration wells are planned by Buru and partner Origin Energy targeting total mean prospective resources of 97 million barrels of conventional oil, with the first well, Kurrajong 1, expected to spud in mid-June.

Western Australian focused oil and gas company Buru Energy (ASX:BRU) is operating two major exploration wells in the Canning Basin this year, Kurrajong 1 and Rafael 1 in a 50/50 Joint Venture with Origin Energy (Origin). Buru will be carrie...

Western Australian focused oil and gas company Buru Energy (ASX:BRU) is pleased to release the presentation provided by executive chairman Eric Streitberg at the Company’s AGM in Perth. Buru also wishes to advise that the Buru Energy Share...

Western Australian focused oil and gas company Buru Energy (ASX:BRU) advised as follows in relation the upcoming Buru AGM on Thursday 6 May 2021. Shareholder AttendanceIn light of the current increased COVID-19 pandemic restrictions and pr...

Small caps have declined for the fourth time in the past five days — but still finished April with their strongest performance in six months. The Small Ordinaries index gained 4.83 per cent in April despite declining 0.96 per cent this week...

Closing Bell is Stockhead’s daily recap of the ASX’s biggest winners and losers. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intraday trade.   WINNERS Scr...

Buru’s $15 million share placement attracted strong support from domestic and international investors, with bids significantly above the placement limit.

Buru Energy Limited (ASX: BRU) announced a successful share placement, receiving firm commitments from institutional, professional and sophisticated, investors to raise a total of $15 million before costs (Placement). The Company will also...

Energy is an essential piece of modern life and while energy demand fell in 2020 due to the impact of the COVID-19 pandemic, emerging markets and developing economies are expected to drive a 4.6 per cent increase in demand. In its Global En...

The lift in production is due to an increase in rate from the Ungani 5 well as well as the stabilisation of rates from Ungani 7.

Western Australian focused oil and gas company Buru Energy (ASX:BRU) has provided an update on production increase at Ungani Oilfield, Western Australia. Ungani 5 workover completedThe operation to install an Electric Submersible Pump (ESP...

The REY Resources Limited (ASX: REY) share price remains flat today despite the company releasing its quarterly activities report, highlighting a new deal with Origin Energy Ltd (ASX: ORG). The REY Resources share price is 27 cents and has...

Closing Bell is Stockhead’s daily recap of the ASX’s biggest winners and losers. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intraday trade. WINNERS Scrol...

Western Australian focused oil and gas company Buru Energy (ASX:BRU) has provided the quarterly activites and cash flow report for the period ended 31 March 2021. HIGHLIGHTS Exploration Three well Canning Basin drilling program on track...

ShareCafeHidden Gems Webinar Recap – PFG, EXL, MX1, BRU Catch up on the full webinar with a keynote presentation from Prime Financial Group (ASX: PFG), Elixinol Global (ASX: EXL), Micro-X (ASX: MX1) & Buru Energy (ASX: BRU) Hidden Gems...

ShareCafeBuru Energy (ASX: BRU) – Hidden Gems Webinar Presentation Presenter – Eric Streitberg – Executive Chairman – Buru Energy Limited is an oil and gas exploration and production company solely focused on exploring and developing the p...

St George Mining has raised investor confidence that the WA explorer has made a long-awaited fifth nickel-copper sulphide discovery with news of exceptional high-grade hits at its Mt Alexander project in the Goldfields. News this week that...

Source: EcoPrint, Shutterstock Summary Iron ore production for Q3 FY21 grew by 44% year-on-year. Iron ore shipments experienced challenges due to inter-border movement restrictions. Lithium production at Mt Marion declined by 16% fro...

Western Australian focused oil and gas company Buru Energy (ASX:BRU) has released an updated corporate presentation to support the major drilling program it will commence in the Canning Basin in June. The drilling campaign is targeting a t...

The drilling rig for the three-well 2021 Canning Basin program has been confirmed as Ensign Rig 963, a sister rig to Ensign 970 that is operating at West Erregulla in the Perth Basin.

The Buru Energy Limited (ASX: BRU) share price is rising today after the company confirmed its drilling rig for the 2021 Canning Basin program and noted substantial progress on its pre-spud activity. The Buru Energy share price is up 5.8%...

Western Australian focused oil and gas company Buru Energy (ASX:BRU) has confirmed it will commence a major drilling program in the Canning Basin in June, following a Letter of Intent being agreed with drilling rig operator Ensign. Buru ha...

Power Up is Stockhead’s fortnightly look at all the news and moves driving ASX energy stocks. After a brief foray above the $US65 ($85.60) a barrel mark in March, oil prices have slid back down to hover around the $US60 a barrel level thank...

Established WA petroleum producer and explorer Buru Energy (ASX: BRU) advises that the latest lifting of Ungani crude oil from Wyndham Port was completed today by the MT SCF Pechora for a total of approximately 70,000 bbls (gross – Buru Ene...

Established WA petroleum producer and explorer Buru Energy (ASX: BRU) today announced that the Annual General Meeting of Buru Energy will be held as follows:  TIME: 10.30am (Perth time) DATE: Thursday, 6 May 2021 PLACE: The Celtic Club, 4...

Closing Bell is Stockhead’s daily recap of the ASX’s biggest movers – the winners and losers alike. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intraday t...

Source:Lukasz Z, Shutterstock Summary Buru Energy (ASX: BRU), in a JV with Mineral Resources, has secured the award of a bid block in the onshore Carnarvon Basin in Western Australia. The block complements the company’s existing portf...

Established WA petroleum producer and explorer Buru Energy (ASX: BRU) has accepted an offer for the award of bid block L20-1 in the onshore Carnarvon Basin. HIGHLIGHTS: The geology and play types on the block are similar to and complement...

Mineral Resources Limited (ASX: MIN) today announced it has been successful in the recent WA Government Petroleum Acreage Release, with the award of two highly prospective gas exploration permits in the Perth and Northern Carnarvon Basins....

Large cap mining play Mineral Resources (ASX:MIN) and small cap oil play Buru Energy (ASX:BRU) won another bid block in the onshore Carnarvon Basin. The win comes five months after Mineral Resources first applied and includes two permits al...

West Australian oil and gas company Buru Energy (ASX: BRU) is poised to embark on a major exploration program in the Canning Basin aimed at expanding its operations and extending the life of its producing Ungani Oil Field. Buru executive...

The continued strength of oil prices has seen a steady increase in US oil drilling with the Permian shale oil basin seeing the lion’s share of activity. Of the 411 oil and gas rigs operating in the US last week – a figure which is up nine o...

Buru Energy Limited (ASX: BRU) shares are flying higher today after the company provided a drilling update. At the time of writing, the Buru Energy share price has jumped 6.45% to 16.5 cents.   Let’s take a look at the ASX energy company’s...

Established WA petroleum producer and explorer Buru Energy (ASX: BRU) has announced it is due to commence major operations of exploration drilling and seismic program at Canning Basin, on two large conventional oil prospects. HIGHLIGHTS C...

As the temperature soared to 38C in Perth on Friday and those lucky enough to not be stuck behind a desk flocked to the beach, thoughts of a global sand shortage would have been far from most people's minds. More likely, some would have tur...

Established WA petroleum producer and explorer Buru Energy (ASX: BRU) has lodged its 2020 Annual Report, outlining its solid financial footing, its production from the Ungani Oilfield in the Canning Basin and its growth plans for 2021. In...

The three new directors bring very strong skill sets to the board, including high-level technical skills, as well as deep experience in finance, project development, renewable energy and the transition to an integrated energy future.

West Australian oil and gas company Buru Energy Limited (ASX: BRU) has announced the appointment of three independent non-executive directors to the Board, effective today. The appointments of Ms Joanne Kendrick, Mr Malcolm King and Ms Sam...

During the December quarter, farm-out transactions were executed with Origin Energy for a wide-ranging exploration program including two conventional oil exploration wells at Kurrajong 1 and Rafael 1.

If the direction of oil and gas prices is anything to go by, you may want to top off your vehicles this week. And perhaps revisit some of the leading ASX energy shares. Oil and gas (LNG) prices both fell off a cliff in 2020. That came as d...

Summary Origin Energy (ASX:ORG) has farm in for interests in seven permits in the Canning Basin. The deal has been entered with Buru Energy, a long-established operator in the basin. The transaction includes five permits owned by Buru...

The transaction “affirms Buru’s view that the Canning Basin is underexplored and is an attractive area for new field exploration, building on Buru’s existing oil and gas discoveries,” says chairman.

Summary Buru Energy and Origin Energy have executed an agreement for an extensive exploration program at the Canning Basin. Drilling will also cover the world-class Rafael Prospect. In a separate transaction, Buru Energy is farming ou...