Maiden Rafael Proven and Probable Reserves
Filed with ASX · · 6 pages · English
Summary by 6ix AI
Buru Energy Ltd has announced the maiden independent assessment of Proved and Probable Reserves for the Rafael gas-condensate field, marking a significant milestone for project funding and development. The assessment indicates a robust development case for the Rafael Project, supporting an initial two-well modular LNG and liquids project with first sales targeted for early in the next decade. This reserves booking strengthens the technical and commercial foundation for financing and partner discussions, enhancing the project's viability.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Earlier from Buru Energy
- Ungani Recoverable Oil Increase
- Quarterly Activities and Cash Flow Report - Jun 2026
- Quarterly Activities and Cash Flow Report - Mar 2026
- Buru completes $5.3M Placement - Strategic Path to Drilling
- CEO Resignation
Later from Buru Energy
- Buru refers the Rafael Project to the EPA WA
- Rafael Production Licence Application Submitted
- Quarterly Activities and Cash Flow Report - Sep 2026
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