Buru Energy: Enough gas to power WA for 30 years!
Buru Energy CEO Thomas Nador on 3AW & 6PR Bulls N' Bears Report
Listen to ASX-listed Buru Energy CEO Thomas Nador talk to Matt Birney on radio - 3AW Melbourne & 6PR Perth - on the Bulls N’ Bears Report about Buru’s intention to buy back JV partner Origin Energy’s interest in its 1TCF gas project in WA’s Canning Basin and related projects.
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Buru Energy is the dominant landholder in the onshore Canning Basin in north west WA that some say may eventually rival WA’s north west shelf in terms of oil and gas production. Buru has been in a Joint Venture with Origin Energy however last year Origin made a strategic decision to exit upstream oil and gas exploration– this week all that was resolved with Origin agreeing to hand back its share of the JV for a delayed payment based on future successes by Origin.