Buru Energy’s 100% owned conventional oilfield is currently in production with further development to target a production rate of 3,000bopd.
The Ungani oil field is located approximately 90 kilometres east of Broome. Buru operates the field and has a 100% interest. The field production rate is currently ~1500bopd with the recent successful drilling of the Ungani 4 and Ungani 5 development wells providing a pathway to target production rates for 2018 of 3000 bopd.
A description of the discovery of the Ungani Field can be found here.