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Buru Energy Limited

ASX:BRU ISIN:AU000000BRU3

Buru Energy Limited (ASX:BRU) is an Australian-based oil and gas exploration and production company. The Company is engaged in the oil and gas exploration and production in the Canning Basin in the northwest of Western Australia. The Company operates through three segments: Oil, Gas and Exploration. The Canning Basin has an area of approximately 530,000 square kilometers. The Oil segment includes the development and production of the Ungani conventional oilfield, which is located in exploration permit EP 391 in the onshore Canning Superbasin. The Gas segment is engaged in the exploration of gas concentrated in the Valhalla, Asgard and Yulleroo areas, where gas is intersected in the Laurel Formation. The Exploration segment focuses on prospects in the Ungani oil trend and evaluation of the other areas in the Company's portfolio. The Company completed the first phase of its Tight Gas Stimulation (TGS) program at the Asgard 1 and Valhalla North 1 wells in the Canning Basin.

  

News

Oil Basins Limited (ASX:OBL) Announce Postponement of Backreef-1 Production Test

🕔10/18/2011 9:08:00 AM 4718

Oil Basins Limited (ASX:OBL) says today that the proposed cased hole production test of Backreef-1 will be postponed to 2Q2012, with circa late April 2012 being the earliest estimated time (subject to the usual stakeholder consents and rig availability).

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Oil Basins Limited (ASX:OBL) Increases In Beneficial Interest Ownership To 100% in Backreef Area

🕔11/23/2010 9:42:32 AM 5486

Oil Basins Limited (ASX:OBL) wishes to make the following ASX Announcement, so as to keep the market fully informed.

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Oil Basins Limited (ASX:OBL) Updates On Canning Basin Backreef-1 Drilling Operations No.1

🕔10/11/2010 10:17:37 AM 6005

Oil Basins Limited (ASX:OBL) are pleased to make the following ASX announcement relating to the imminent commencement of drilling operations at Backreef-1, Backreef Area Canning Basin, onshore Western Australia (WA).

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Oil Basins Limited (ASX:OBL) Signed Rig Contract For Backreef-1 Drilling

🕔9/6/2010 1:20:55 PM 6294

Oil Basins Limited (ASX:OBL) wishes to make the following ASX Announcement, so as to keep the market fully informed.

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Australian Market Report of June 15, 2010: Asciano (ASX:AIO) Secured Coal Haulage Contract with Anglo American

🕔6/15/2010 1:30:46 PM 12117

The Australian share market Tuesday resumed trading after a long weekend and started nearly no change. Overnight the US stocks closed slightly lower despite strong economic data from Europe and upbeat comments from a Federal Reserve official helped to support much of the session. However, the market sentiment was dented after credit rating agency Moody's lowered its rating on Greece's debt to "junk" status.

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Australian Market Report of April 20: Market Sentiment Pushed Up

🕔4/20/2009 1:00:38 PM 13623

The Australian shares ended with little changes on Friday. The S&P/ASX200 index just added 1 point to 3776.7 points, while the broader All Ordinaries gained 2.5 points to 3728.1. The local market is likely to be lifted on the back of the stronger metals prices. Today Rio Tinto's Australian annual meeting will also be the market focus.

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Company Data

    Headquarters
  • Level 2, 88 William Street
    Perth WA 6000
    Australia
  • Telephone
  • +61-8-9215-1800 
  • Principal Sector
  • Gas & Oil 
  • Principal Industry
  • Materials 
  • Homepage
  • www.buruenergy.com.au

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