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Mark McGowan says the government appreciates the community concern surrounding fracking.

Canning Basin state agreement terminated

The state government has moved to terminate a state agreement with Mitsubishi Corporation and Buru Energy that was enacted in 2013 when there were high hopes that fracking in the Kimberley’s Canning Basin would lead to development of major onshore gas projects.

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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 31/01/18

1 year TSR5 year TSR
18thDrake Resources1000%-72%
138thForte Consolidated100%-9%
163rdBuru Energy81%-32%
524thEmerald Resources-11%32%
709 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

168th↑Forte Consolidated$314k
169th↑Drake Resources$309k
170th↓Buru Energy$299k
171st↑Emerald Resources$296k
172nd↑Kore Potash$295k
499 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Buru Energy

129thEric Streitberg$695k
336thShane McDermott$379k
908thRobert Willes$124k
Ranked by total remuneration from all listed WA companies

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