Buru Energy Limited (BRU.AX)
Buru Energy Limited operates in the Oil & Gas Exploration & Production industry of the Energy sector, headquartered in West Perth, WA, AU. The stock last traded at $0.01, up 9.09% on the session, giving a market capitalisation of $16.3M. Its beta of 0.85 implies it has historically moved less than the broad market.
Buru Energy Limited, along with its subsidiaries, concentrates its efforts on discovering, cultivating, and producing oil and natural gas reserves throughout Western Australia. The firm conducts its business primarily across its exploration and oil production divisions. It possesses a substantial collection of petroleum exploration permits, collectively spanning approximately 5.4 million gross acres, situated within the Canning Basin in Western Australia's southwest Kimberley region. Notably, the company also holds a 50% interest in the Ungani oil field, an onshore site located within the Canning Basin. Established in 2008, Buru Energy Limited's corporate headquarters are situated in West Perth, Australia.
Buru Energy Limited is most often compared with the following Energy names: