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.

BCCI Business Directory

Search by:

Upcoming Events

Latest news

Turnbull on infrastructure: State should sign up to NAIF

With the development of the north in the sights of federal government, Turnbull also took the opportunity to remind the room that it had committed $52.5m to seal and realign 90km of Cape Leveque Road. "We're committed to infrastructure, for cattle, pastoral, tourism and resources industries," he said. "But there'...

< Previous 197 198 199 200 201 202 203 204 205 206 Next >

Articles via RSS

Sign Up for the latest news & events

Does your business attract, recruit and retain staff by offering employment or work experience to young Aboriginal employees?
CLICK HERE to become a Working Together Employer of Choice.

Members

We are located at:

6 Napier Tce
(behind the Westpac bank)
Broome
WA 6725

Chamber office hours

Monday: 10am - 3pm
Tuesday: 10am - 2pm
Wednesday: 10am - 3pm
Thursday: 10am - 2pm
Friday: 10am - 2pm

Please ring for an appointment

Phone

(08) 9193 5553

After Hours

0410 967 509