FINANCE VIDEO: Burleson Energy (ASX:BUR) CEO Michael Sandy Speaks at Resourceful Events Oil and Gas Conference
Sydney, April 29, 2010 (ABN Newswire) - FINANCE VIDEO: Burleson Energy (ASX:BUR) CEO Michael Sandy Speaks at Resourceful Events Oil and Gas Conference.
Burleson Energy Ltd (BUR) has teamed with an experienced Texan oil and gas family (AKG Energy) in the drilling and potential development of hydrocarbons in one of the most valuable energy provinces of America.
BUR listed in May 2006 to acquire a 40% working interest in various oil & gas leases in Burleson County, Texas USA. The Burleson County Properties are located within the prolific Giddings Field area within the Austin Chalk and Georgetown oil & gas trends. Most wells drilled in recent years into the Austin Chalk formation, have discovered gas and condensate.
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About Burley Minerals Ltd
Burley Minerals Ltd (ASX:BUR) is a well-funded ASX-listed minerals explorer with a 70% interest in the Yerecoin Project is located approximately 120km to the northeast of Perth, Western Australian that has a JORC 2012 compliant Mineral Resource of 246.7Mt capability of producing a concentrate at >68% Fe. Various studies completed by previous operators, included various production scenarios as well as evaluation of infrastructure solutions. Burley is preparing to commence its maiden drilling campaign with the aim of up grading the confidence in the magnetite minerals resource.
Burley Minerals Ltd