Buru Energy

Buru Energy is an ASX listed oil and gas exploration and production company focused on the Canning Basin, Western Australia. Founded in 2008, the company's core operations are based in the onshore Canning and Carnarvon basins in northwest Western Australia.

Buru Energy holds a 50% operating interest in the currently producing Ungani Oilfield and has interests in a substantial portfolio of petroleum exploration permits covering approximately 5.5 million gross acres (3.53 million net acres) in the Canning Basin. As the largest acreage holder in the Canning Basin, the company operates all of its exploration permits. Buru Energy is also venturing into the new energy economy with pursuits in natural hydrogen, carbon capture and storage (CCS), and battery minerals.

The company's dominant acreage position in the onshore Canning Basin, reinforced by production from the Ungani Oilfield, robust cash flow, and significant underexplored resources, positions it to create substantial value for shareholders in the future. With a focus on the Energy and Oil and Gas industries, Buru Energy's multi-faceted approach to energy exploration and production reflects a forward-looking strategy that aligns with evolving market trends.

Although specific details such as the company's headquarters location and recent investment activity are not provided, Buru Energy's strategic positioning in the energy sector and its ambitious foray into new energy domains demonstrate its potential for growth and innovation within the industry.