04/06/2020 - 14:03

Buru reels in extra US200k from Ungani oil sale

04/06/2020 - 14:03

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Buru Energy has received an extra US$200,000 in cash for its share of the recent sale of crude oil from its Ungani oil field in Western Australia’s Canning basin. Buru’s third oil sale for the year originally settled in mid-May at A$1.2m, net to Buru, however contractual terms saw the final price tag upped by USD $200k due to rising oil prices throughout the month of May.

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