Buru finds more oil onshore Canning basin

Buru Energy Ltd., Perth, has intersected a gross 23-m column of oil at the top of the Ungani Dolomite formation with its Praslin-1 wildcat drilled in permit EP 391 in the onshore Canning basin of Western Australia.

Well logs indicate the oil-bearing interval is similar to that of the productive zone at the nearby Ungani oil field. However reservoir characteristics still have to be confirmed with a production test program at a later date.

Praslin-1 is about 90 km east of Broome and 15 km west of Buru’s producing Ungani field.

The well will be plugged back to the base of the interpreted oil column and a completion string run into the hole. The rig will next move further east to the Victory-1 well, which is also on the Ungani trend. This will be followed by Senagi prospect later in the year.

Operator Buru and Mitsubishi Corp. each have a 50% interest in EP 391.

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