News Articles for Eric Streitberg

Board moves August 15, 2024

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Today's board moves wrap includes Renee Minchin, Eric Streitberg, David Maxwell, Maki Petkovski, Lincoln Liu, Lincoln Ho, Peter Gerendasi, Robyn Elliott and Alex Eastwood.

Streitberg retires from Buru

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Long-standing chairman of Buru Energy Eric Streitberg has retired from the board of the oil and gas company, with David Maxwell taking the reins.

Appointments January 6, 2023

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Our weekly appointments wrap includes Thomas Nador, Eric Streitberg, Danicia Quinlan, Shaun McRobert, Samuel McSkimming, Derry Simpson, Daniel Smith and Michael Kerman.

Board Moves January 3, 2023

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Our board moves wrap includes Krista Bates, Lee Goddard, Eric Streitberg, Kelly Moore, Michelle Kennedy, Catherine Anderson, Scott Mathewson, Alan Rule, Michael Fry, Susan Park, and Evan Hayes.

Streitberg takes new role at Buru Energy

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Buru Energy executive chairman Eric Streitberg has started a non-executive role in the oil and gas company, with recently appointed chief executive Thomas Nador taking over some of his duties.

Origin backs out of Buru partnership

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Origin Energy is expected to divest its 50 per cent stake in an oil and gas exploration venture with Buru Energy as the gas and electricity major turns its focus to “cleaner” projects.

Board Moves May 13, 2022

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Our board moves wrap includes Thomas Nador, Eric Streitberg, and Keith Coughlan.

Nador to lead Buru

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Eric Streitberg will hand over the reins of Buru Energy to an executive moving from Beach Energy, later this year.

Good oil on Perth, Canning Basins

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More than $100 million has been raised in recent weeks for onshore oil and gas developments in WA.

Buru Energy maintains production

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Buru Energy said today it has maintained production at its Ungani oil project in the Kimberley but has joined other resources companies, including Australian Vanadium, in cutting salaries, directors fees and other spending to preserve cash during the COVID-19 pandemic.

Buru, Roc in $84m Canning Basin oil deal

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West Perth-based Buru Energy has sold a 50 per cent share in its Ungani oilfield to Chinese-backed Roc Oil for $64 million, as part of a broader deal the company hopes will unlock its assets in the Canning Basin.

Buru to raise funds for Ungani

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Onshore oil company Buru Energy has tapped investors for $10.2 million to fund ongoing development of its Ungani operation in the Canning Basin.

Buru takes full ownership of Ungani

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Onshore oil producer Buru Energy has taken full ownership of the Ungani operation in the Canning Basin as part of an asset swap with its joint venture partner, Mitsubishi Corporation.

Buru clinches native title deal

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Onshore oil producer Buru Energy has secured a native title agreement to further develop its Canning Basin gas resources, two years after its plans for a fracking program in the Kimberley caused a stir.

Buru makes job, acreage cuts

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Oil and gas company Buru Energy has flagged job cuts and the sale of acreage in the Canning Basin to save costs, as a drilling contractor employed at Buru's Ungani project falls into administration.

Buru finds no oil in Praslin 1

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Oil and gas producer Buru Energy has fallen on news its Praslin 1 well in the Canning Basin had come up dry.

Quadrant exits Buru JV

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Quadrant Energy will pay $10 million to withdraw from a joint venture with Buru Energy and Mitsubishi Corporation, which together own oil and gas exploration permits in the Canning Basin.

Ungani oilfield officially opened

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Buru Energy's Ungani oilfield was today officially opened by Mines and Petroleum Minister Bill Marmion.

Buru begins Ungani production

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Buru Energy has started commercial oil production at its onshore Ungani oilfield, and begun exploration drilling at a second site.

Native title deal for Buru's Ungani

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Buru Energy has announced the signing of a native title agreement with the Nyikina Mangala and Karajarri Yanja people, an important step in moving to full production at its Ungani oil project joint

Shire of Broome rejects anti-fracking motion

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Buru Energy and APPEA have commended the Shire of Broome for its decision to vote down an anti-gas declaration that sought to declare the region frack-free.

DMP clears Buru over gas leak allegations

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The Department of Mines and Petroleum has denied reports of a gas leak at Buru Energy's Yulleroo project near Broome after carrying out an inspection of the site yesterday.

Muted support for Buru raising

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Buru Energy has received a quarter of its maximum allowable $12 million in subscription applications for its share purchase plan following a recent $28 million placement.

Coogee Chemicals acquires Buru interest

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Perth explorer Buru Energy has received a $20 million backing by Gordon Martin's Coogee Chemicals in its $40 million capital raising to fully fund its 2015 work portfolio.

Board reshuffle at Buru Energy

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Buru Energy managing director Keiran Wulff announced his resignation today as the oil and gas exploration firm appointed two new non-exececutive directors.

Buru Energy chairman resigns

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Eric Streitberg has taken charge of Buru Energy after chairman Graham Riley resigned, on the same day that shareholders delivered a massive protest vote at the company's annual meeting.

Business as usual in wielding of influence

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THE near certainty of a Coalition government being elected in September, and the single-handed control of state leader Colin Barnett, have reshaped Western Australia's 2013 Most Influential list –

Shareholders rely on a few local gems to deliver value

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Finding big WA winners on the stock market has been hard work during the past 12 months, and even the past five years.

Buru directors buy $6m in company shares

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Buru Energy's chairman Graham Riley, executive director Eric Streitberg and CEO Tom Streitberg have collectively purchased almost $6 million in company shares.

Jones joins Buru, Streitberg takes helm

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Less than four months after dropping a takeover proposal for Buru Energy, director Eric Streitberg is set to take the helm of the company as former Western Australian minister Peter Jones joins the board.

Arc to explore Canning Basin

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Arc Energy Ltd has significantly expanded its exploration base by acquiring major exploration areas in the on-shore Canning Basin in north west Western Australia.