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Buru has taken full ownership of the Ungani oilfield in the Canning Basin.

Buru takes full ownership of Ungani

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.

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Comments

Kununurra
Great news. However, if oil prices are currently depressed and the cost of road transport to Wyndham port impedes viability, why is this project progressing in the current climate?

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Buru Energy (BRU)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

BN30 Index

Index = 100 as of 4 Jan 2016
Source: Morningstar

Total Shareholder Return as at 29/06/18

1 year TSR5 year TSR
135thBuru Energy96%-23%
722 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

11/09/17
$7k Issued
11/09/17
$3k Issued
11/09/17
$154k Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

th-Buru Energy$12.7m
507 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Buru Energy

113thEric Streitberg$695k
300thShane McDermott$379k
825thRobert Willes$124k
Ranked by total remuneration from all listed WA companies

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