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Buru Energy (ASX:BRU) crew emerge from quarantine with flow testing at Rafael-1 underway

ASX News, Energy
ASX:BRU      MCAP $66.46M
25 February 2022 13:16 (AEST)

The Rafael-1 well site. Source: Buru Energy

After multiple announcements this month, Buru Energy (BRU) says testing operations have begun at the Rafael 1 well in Western Australia.

The testing follows drilling, during which the company encountered a potential major conventional gas accumulation.

The well is located within the Ungani Oilfield in the Kimberley region, and a specialist crew flew in from over east earlier this month to begin a flow testing program.

However, WA’s border restrictions and quarantine requirements meant the crew was required to spend a week in quarantine prior to mobilising to site.

The required equipment was already in place, secured by BRU prior to Christmas, and today the company said the initial cleanup flow is underway.

The definitive rate tests and gas composition analyses will be now be undertaken, with initial results are expected to be announced next week.

While the company initially attributed delays to the crew needing to quarantine, in today’s announcement it said there were also a number of minor operational issues which were safely resolved by the testing crew.

Shares were trading 6.38 per cent higher at 25 cents at 1:15 pm AEDT.

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