Buru Energy Limited (AU:BRU) has released an update.
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Buru Energy Limited is focusing on its Rafael Project in the Kimberley, aiming to become a major gas and condensate producer. Despite setbacks with Sabre Energy, Buru raised $6.7 million for drilling and is progressing with new funding arrangements. The company is undergoing significant changes as it transitions towards commercializing its unique onshore gas resources in Western Australia.
For further insights into AU:BRU stock, check out TipRanks’ Stock Analysis page.
