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The Markets
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Oil & Gas

Buru Energy Rafael Shallow 1 drilling proceeding to plan

Buru Energy Ltd (ASX:BRU, OTC:BRNGF) has provided an operational update on the drilling of the Rafael Shallow 1 well, located in EP 428 in Western Australia’s onshore Canning Basin.

On behalf of the Rafael Shallow Joint Venture, Buru reports that following the spud of the well on 9 October 2024, drilling is now proceeding to plan at 487 metres measured depth (mRT1) in a 12-1/4” hole.

The company says it expects the 12-1/4” hole section to reach section total depth (TD) at ~710mRT1 at which point the 9-5/8” casing will be run to allow installation of the Blow Out Preventers (BOPs) to allow entry into the target reservoir in an 8-1/2” hole.

Read more: Buru Energy spuds Rafael Shallow 1, first Canning Basin well since 2021

The Rafael Shallow Joint Venture consists of Buru as operator with a 75% joint venture interest in the Rafael Shallow 1 well and Twinsouth Holdings Pty Ltd and Jingie Investments Pty Ltd holding a 15% and 10% joint venture interest respectively in the well.

The well is targeting reservoirs in the Poole Sandstones and Grant Formation at a measured depth of 750 metres to 1,250 metres using the Silver City Drilling Rig 24. Buru anticipates drilling to conclude later this month.

Rafael Shallow 1 prospect location

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