Buru Energy and Mitsubishi Corporation spud Senagi 1 on Ungani trend
If successful, Senagi has the potential to be a substantial oilfield and it will also open up further drilling opportunities in a number of similar structures.
Company
Buru Energy Ltd
ASX:BRU
Buru Energy Ltd is an ASX listed diversified energy company focused on exploration and production of hydrocarbon and non-hydrocarbon energy resources in Australia. The company is headquartered in Perth, Western Australia with a regional operational office in Broome. It pursues the exploration, development and commercialisation of hydrocarbon resources in the onshore Canning Basin in north-western Australia.
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Buru Energy progressing Canning Basin petroleum exploration
Results are expected over the coming weeks from testing of the Praslin 1 and the Victory 1 intersecting the primary target. Other activity includes spudding the Senagi 1 well and starting 3D seismic in the Canning Basin.