Edison Investment Research - Buru Energy Ltd. (BRU) QuickView: Seizing opportunities

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Edison Investment Research

QuickView: Seizing opportunities

Buru is solely focused on exploring and developing the petroleum resources of the Canning Superbasin in the south-west Kimberley region of Western Australia, some 2,300km north of Perth. Buru is active, with the drill bit currently targeting conventional oil, and is about to commence full production at the Ungani oil field, as well as continuing development of both conventional and unconventional gas.

30/07/2015 2 EN

Underlying

Buru Energy Ltd.

Buru Energy is engaged in oil and gas exploration and production in the Canning Basin, in the northwest of Western Australia. Co.'s reportable operating segments are: oil, which primarily includes development and production of the Ungani conventional oilfield; gas, which focuses on exploration and appraisal of gas in the Valhalla/Asgard and Yulleroo areas; exploration, with exploration program focused on prospects along the Ungani oil trend and evaluation of the other areas in Co.'s portfolio; and pastoral lease, which includes the transactions and balances relating to the Yakka Munga Station Pastoral Lease and the cattle on that station.

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AU000000BRU3 Australian Securities Exchange Australia

Provider

Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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