Buru relieved by firming oil price

Buru relieved by firming oil price

Shares rocket up 15%

Production

04 JUNE 2020
ENB Briefs: Buru Energy, Gazprom, Texas and more

ENB Briefs: Buru Energy, Gazprom, Texas and more

News briefs for May 15, 2020

Briefs

15 MAY 2020
New legislation aimed at Buru energy to be introduced by Greens

New legislation aimed at Buru energy to be introduced by Greens

Cross bench aims to undo Western Australian oil and gas fraccing

Environment

11 MAY 2020
Buru reassures shareholders at virtual AGM

Buru reassures shareholders at virtual AGM

"In times of trouble and disruption, opportunities arise"

Development

07 MAY 2020
Buru battens down hatches

Buru battens down hatches

Cuts personnel costs as sales revenue halved

Production

21 APRIL 2020
Buru makes drastic cuts to reduce costs

Buru makes drastic cuts to reduce costs

Management slash salaries as some employees made redundant

Finance & Legal

30 MARCH 2020
Buru remains in strong position despite oil crisis

Buru remains in strong position despite oil crisis

March lifting hit by oil price, somewhat offset by weak Aussie dollar

Production

17 MARCH 2020
Buru unaffected despite minor flooding

Buru unaffected despite minor flooding

Coil tubing unit being rigged up

Production

09 MARCH 2020
Buru's Ungani oilfield shut-in from flooding

Buru's Ungani oilfield shut-in from flooding

Company busy making plans for March

Maintenance & shutdowns

13 FEBRUARY 2020
Buru marks largest crude lifting to date

Buru marks largest crude lifting to date

Minor flooding at Ungani, but work program going ahead

Production

14 JANUARY 2020
Buru looks to step change in 2020

Buru looks to step change in 2020

Next significant increase in production to come in first quarter

Production

18 DECEMBER 2019
Buru on its own in Canning after Roc withdraws

Buru on its own in Canning after Roc withdraws

Search for new joint venture partner to begin next year

Exploration

05 DECEMBER 2019