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How much oil at Ungani?

THE biggest question in the upstream industry this week is how much oil has Buru Energy stumbled across at Ungani-1 in the northwest Canning Basin?

How much oil at Ungani?

Ungani-1 spudded on 13 August with two targets, neither of which was oil. The first objective was a conventional gas target of up to 200 billion cubic feet in the carboniferous Laurel formation, similar...

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