Sign up
Oil Capital

Buru Energy enjoys Ungani success ahead of major drilling program

Buru Energy Limited (ASX:BRU) executive chairman Eric Streitberg updates Proactive Investors on the oil company's Ungani operations and its planned 2019 drilling program.
Favourable exchange movements have lifted the oil price to over $100 per barrel and the company is pushing ahead with a major drilling program in its Ungani Field project, having signed a more efficient rig.
Buru is also excited by its Butler prospect on the Lennard Shelf, which could drive an extensive exploration program over the rest of the year.

View full BRU profile View Profile
View All

© oil Capital 2019

Oil Capital, a subsidiary of Proactive Investors, acts as the vanguard for listed oil companies to interact with institutional and highly capitalised investors.
Headquartered in London, Oil Capital is led by a team of Europe's leading analysts and journalists, publishing daily content, covering all key movements in the Technology market.