17/06/2024 - 17:28

Cash injection to reinvigorate Ungani oilfield for Buru

17/06/2024 - 17:28

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Buru Energy’s Ungani oilfield is set for a new lease on life following the company’s significant farm-in agreement with Sabre Energy that is designed to spearhead a production restart and continued exploration at the site in Western Australia’s Canning Basin. Sabre will earn a 70 per cent interest in the Ungani oilfield and control of the operations for a $6 million outlay.

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