Ungani oil hits the road

A map of the Ungani field near Broome, Western Australia.

A map of the Ungani field near Broome, Western Australia.

Production and transport of oil from the Ungani-1 and -2 wells is running smoothly with 22,500 boe currently in the storage tank at Wyndham, Western Australia.

Buru Energy anticipates that the stored oil will be picked up in the first week of June, which will provide the initial cash flow from the recent start-up of production.

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