Buru Energy: Secures exploration areas in onshore Carnarvon Basin

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