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Buru Energy (ASX:BRU) progresses operations in Canning Basin

Energy
ASX:BRU      MCAP $61.76M
08 September 2021 12:10 (AEST)

Source: Buru Energy

Buru Energy (BRU) has updated shareholders on its operations in Western Australia’s Canning Basin.

Rafael-1 drilling operations

Last month the company spudded the Rafael-1 well, which is is situated on exploration permit EP428, some 50 kilometres east of the Ungani Oilfield and roughly 150 kilometres east of Broome.

Since then, the 508-millimetre surface conductor has reportedly been set at 130 metres’ measured depth and the well drilled ahead to a section depth of 1652 metres in a 445-millimetre hole.

BRU said the 340-millimetre casing had also been installed to a measured depth of 1649 metres and successfully pressure tested.

The current operation is drilling ahead in a 311-millimetre hole to the 244-millimetre casing setting depth above the interpreted reservoir section, which will in turn be drilled in a 216-millimetre hole after casing has been set.

Currajong-1 well testing program

Meanwhile, the company is gearing up for a final test program at the Currajong-1 well, with additional equipment being mobilised to site from the manufacturers.

Installation of this equipment is planned to commence in mid-September, once all components are on site, followed by the flow test program later in the month.

Buru is planning to individually test four zones in the dolomite section ahead of a combined flow test once the individual activities have been completed.

All up, testing is expected to take up to two weeks.

Shares were sitting steady at 14.3 cents at 2:02 pm AEST.

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