Buru will spend $3.5m on upgrade at Ungani

Written on the 5 June 2017

Buru Energy is planning a $3.5 million upgrade of its onshore oil project in the Kimberley this year to bolster production.

The oil and gas junior is set to restart the Ungani oilfield in the Canning Basin next month after taking full ownership of the resource in an asset swap with Mitsubishi Corp.

Executive chairman Eric Streitberg said the company was aiming for a "substantial" increase in the field's expected output of 1250 barrels a day by installing an artificial lifting system and additional tankage.

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Inquiry into regional development and decentralisation

In accordance with the Committee's Resolution of Appointment an Issues Paper has been published on 24 August 2017.

The Inquiry's Terms of Reference are included in the Committee's Resolution of Appointment. They are:

1. this House establish a select committee, to be known as the Select Committee on Regional Developm...

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