In the final stretch of a long race to reach a coveted cup, ASX-listed Buru Energy has encountered hydrocarbons above the targeted Ungani Dolomite at Rafael 1 in the oil-rich Canning Basin of northern Western Australia. With the well at 3,872m and a finish line of 4,000m the board and investors are keenly awaiting the news to come.
03/11/2021 - 15:10
Buru Energy punching towards Canning Basin oil reservoir
By Matt Birney
03/11/2021 - 15:10
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Rank Company Revenue 75th ADX Energy $14.5m 76th Buru Energy $13.2m 78th Suvo Strategic Minerals $11.6m 80th Sovereign Metals $9.6m 605 listed resources wa companies ranked by revenue.
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