Australia: Buru spuds Currajong 1 - first well in 2021 Canning Basin exploration program
02 Jul 2021
Targeting mean prospective resources of 28 million barrels
Expected total depth of 2,300 metres with drilling completion in late July to early August
Currajong-1 to be followed by Rafael-1 conventional oil exploration well
Currajong-1
Currajong-
1 exploration well was spudded at 10:00 hours on Thursday, 1 July 2021.
Currajong-1 is located some 30 kms to the west of the Ungani Oilfield and some 70 kms east of Broome. The well is in Exploration Permit 391 in the Canning Basin in northwest Western Australia.
The Currajong-1 exploration well is being drilled on a large structurethat is well defined by 3D seismic. The structure has a vertical closure of over 200 metres and is fault bounded with two way dip closure.It is expected to have similar good quality reservoirand oil propertiesto the Ungani Oilfield and is at similar depths.
Buru Energy Limited shares rise after spudding Currajong 1 exploration well in Canning Basin
proactiveinvestors.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com.au Daily Mail and Mail on Sunday newspapers.
Buru Energy Limited gears up for Currajong Well 1 exploration drilling
proactiveinvestors.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com.au Daily Mail and Mail on Sunday newspapers.
FTSE 100 off best levels but hospitality and travel shares recover ground
proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.
FTSE 100 heads higher with Just Eat Takeaway com NV boosted by US deal; UK unemployment rate falls
proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.