Thursday, March 6th, 2014

Buru confirms Ungani-3 ‘unproductive’

Buru Energy has confirmed that it does not expect to be getting payable oil from its Ungani 3 well.

Managing director Keiran Wulff told The West Australian the well was “unlikely to be a significant producer”.

The company hopes to be producing 5,000 barrels a day from the other two wells by the end of the year.

The West Australian [read this story]

The Ungani oilfield is at Roebuck Plains, about 80 kilometres east of Broome.

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