Buru Energy Ltd (ASX:BRU, OTC:BRNGF) is making encouraging progress with the drilling of Rafael Shallow 1 well 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 October 9, 2024, drilling is 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
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.
