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The Markets
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The Markets
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Oil & Gas

Buru Energy continues drilling at Rafael 1 Well in Canning Basin, WA

Buru is the largest acreage holder in the Canning Basin and is the operator of all of its exploration permits.

Buru Energy Ltd (ASX:BRU) is continuing to drill the Rafael 1 well in Western Australia’s Canning Basin, with the well already drilled in 12¼ inch (311 mm) hole to a depth of 2,772 metres.

The forward operation will be to continue drilling to the 9⅝ inch (244 mm) casing setting depth above the interpreted reservoir section, which will then be drilled in 8½ inch (216 mm) hole after the 9⅝ inch casing has been set.

Drilling progress has been slower than anticipated due to a number of unplanned bit trips required due to hard formations in the basal Grant and Reeves sections.

The Rafael 1 well is in Exploration Permit EP428 of the Canning Basin some 50 kilometres to the east of the Ungani Oilfield.

Currajong 1 well test program

Buru completed drilling the Currajong 1 well in Canning Basin in August.

As planned, the four test zones have been perforated and the production test string with the required packers for zonal separation has been run into the hole.

Testing operations of individual zones will commence shortly.

Buru will provide an update on the program once all the zones have been tested and a final flow result obtained.

This is expected to take about two weeks to complete.

Largest Canning Basin holder

Buru is the largest acreage holder in the Canning Basin and is the operator of all its exploration permits.

It owns and operates 50% of its flagship high-quality conventional Ungani Oilfield Project and also operates a basin-wide portfolio of exploration permits and licences prospective for conventional and unconventional resources ranging from 40% to 100% working interests.

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