Buru Energy Limited
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Thomas Z. Nador
- Full Time Employees
- 41
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- Address
- 16 Ord Street West Perth WA Australia 6005
- IPO Date
- Apr 21, 2011
- Website
- buruenergy.com
- Similar Companies
- Business
- Buru Energy Limited (ASX:BRU; OTC:BRNGF) is a Western Australian energy company focused on the exploration, development, and production of oil and gas resources in the Canning Basin in the southwest Kimberley region. The company owns and operates 100% of the conventional Rafael gas and condensate discovery, the first of its kind in the basin, along with the conventional Ungani Oilfield; it also holds a basin-wide portfolio of exploration permits and licenses prospective for conventional and unconventional hydrocarbons, carbon capture and storage, and battery minerals, with working interests from 60% to 100%. Founded in 2008 and headquartered in Perth, Western Australia, with an operational office in Broome, Buru serves domestic markets including power generation and marine fuel applications while targeting long-term foundation cashflow from gas development. In recent developments, Buru signed a Strategic Development Agreement with Clean Energy Fuels Australia in 2025 to co-develop the Rafael Gas Project, combining its upstream expertise with CEFA's downstream and midstream capabilities for regional LNG supply. The company sold its natural hydrogen and helium subsidiary, 2H Resources Pty Ltd, to Koloma Australia Pty Ltd for up to A$2 million in mid-2025, enabling a strategic pivot to prioritize the Rafael project and monetize non-core assets. Earlier in 2024, Buru entered farm-in agreements with Sabre Energy for the Ungani Oilfield and Rafael Shallow prospect, which were terminated due to Sabre's financial issues, prompting alternative funding for the Rafael Shallow 1 well drilled in October 2024 that encountered no moveable hydrocarbons; production at Ungani remains suspended pending new export routes. Buru rationalized its Canning Basin acreage in late 2024, surrendering non-core areas to focus on Rafael support, and sold its Battmin interest in the Barbwire Terrace project in January 2025.
Buru Energy Limited (BRNGF) Shareholder/Analyst Call Transcript
Buru welcomes EPA recommendation for Valhalla Gas Project exploration
Buru advances Rafael Gas Project funding in December quarter ahead of critical 2026 drilling campaign
Buru Energy advances Rafael funding process ahead of 2026 drilling program
Buru Energy Limited (BRNGF) Investor Webinar Transcript
Buru Energy brings forward flow test of Rafael 1 well discovery
Buru Energy readies for all-important flow test of Rafael 1 discovery
Buru Energy updates operations at Rafael 1 and Ungani 8H
Buru Energy continues turning the drill bit at Canning Basin's Ungani 8H development well, shares rise
Buru Energy spuds Ungani 8H development well
Buru Energy's Ungani Oilfield well 8H on track to be spudded later this week
Buru Energy advances Rafael 1 well in Canning Basin toward production, Christmas tree installed
Buru Energy kicks off oil exploration program across the Canning Basin
Buru Energy's Rafael 1 gas condensate discovery being prepared for production test
Buru Energy's Canning Basin Rafael 1 exploration well reaches final total depth of 4,141 metres with additional good to excellent gas shows over another 120 metres
Buru Energy drilling ahead at Rafael after setting casing
Buru Energy encouraged by hydrocarbon indications at Rafael 1 well in Canning Basin
Buru Energy encounters early hydrocarbon shows above main reservoir target in Rafael 1 well
Buru Energy to receive circa A$3.7 million from latest lifting of Ungani crude
Buru Energy lifting from Ungani Oilfield coincides with very strong Brent oil prices