EXPLORATION

Buru takes a bigger bite in the Canning

BURU Energy is about to get bigger in the Canning Basin, moving to snap up a potential three permits in the area with a couple of deals worth a combined $39.5 million.

James McGrath

It is aiming for an indirect 90% stake in EP457 and EP458 by taking up all the shares in Gujurat NRE Oil from its parent company for a $36 million consideration. Meanwhile, it also aims to snap up a...

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