OIL & GAS

Buru Energy's Rafael Shallow-1 well fails to deliver amid high expectations

Disappointing drilling results raise concerns over onshore ambitions.

Hot gas firing out of Rafael 1.

Hot gas firing out of Rafael 1. | Credits: Buru Energy

Buru Energy's Rafael Shallow-1 well in Western Australia's Canning Basin has yielded disappointing results, dashing high investor expectations fuelled by months of optimistic forecasts. Following more...

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