EXPLORATION

Market punishes Buru's 1Tcf estimate on rough day for energy

BURU Energy has announced a maiden independent resource estimate for its 2021 Canning Basin wildcat Rafael, but suggests the 1 Tcf 3C estimate could be increased with further testing. 

Market punishes Buru's 1Tcf estimate on rough day for energy

  It also adds 20.5 million barrels of condensate to that estimate.    However the company has suffered today as the wider ASX energy sector was one of the biggest losers by mid-afternoon trade....

Start a free trial to continue reading this article
Already have an account?  
Subscribe now

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

editions

ENB CCS Report 2024

ENB’s CCS Report 2024 finds that CCS could be the much-needed magic bullet for Australia’s decarbonisation drive

editions

ENB Cost Report 2023

ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.

editions

ENB Future of Energy Report 2023

ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.

editions

ENB Cost Report 2021

This industry-wide report aims to understand current cost levels across the energy industry