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IN TODAY'S briefs: Buru encouraged by Ungani North 1; MEO raises $A10 million; Key sells out of Africa; Cougar in talks with Queensland government over Kingaroy disputes.

Andy Graham

Buru Energy Buru Energy has drilled deeper at Ungani North 1 well in the Canning Basin after announcing an "an active, oil-prone petroleum system" on Friday. Buru said the well was at 2779m this morning....

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A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.