Buru Energy Secures exploration areas in onshore Carnarvon Basin
- Buru Energy (BRU) secures two “highly prospective” petroleum exploration areas together with partner Energy Resources in onshore Carnarvon Basin, WA
- The application is part of Buru’s long-term strategy to expand into underexplored and prospective onshore petroleum acreage outside the Canning Basin
- The addition of the two new areas makes the joint venture the largest acreage holder in the onshore Carnarvon Basin and Merlinleigh Sub-basin
- Further, it will enable the partnership to consolidate and optimise its exploration activities in the region
- Shares in Buru are up 11.1 per cent, trading at 11 cents at 1:55 pm AEDT
