EXPLORATION

Buru on its own in Canning after Roc withdraws

ROC Oil will leave a farmin agreement it made with Buru Energy for three exploration permits in the Canning Basin, in EP 428, EP 436, and EP 391.

 Map of Buru's prospects in the Canning Basin

Map of Buru's prospects in the Canning Basin

The Chinese-backed Roc farmed into the three permits in May last year as part of a broader deal which also saw it take up a 50% stake in the Ungani nearby oilfield, which it will keep. Under the initial...

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