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Buru Energy Ltd (BRU.AX)

BRU.AX on Australia Stock Exchange

0.17AUD
18 Aug 2017
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Latest Key Developments (Source: Significant Developments)

Buru Energy to reschedule debt repayment obligations​ with Alcoa of Australia
Wednesday, 5 Jul 2017 07:19pm EDT 

July 6 (Reuters) - Buru Energy Ltd ::Has entered into an agreement with Alcoa of Australia Limited for reschedule of its current debt repayment obligations​.Buru and Alcoa have now reached a further agreement to vary repayment terms​.  Full Article

Buru Energy ‍re-commences oil production from Ungani oilfield​
Thursday, 15 Jun 2017 09:07pm EDT 

June 16 (Reuters) - Buru Energy Ltd ::Re-commenced oil production from Ungani oilfield​.  Full Article

Buru Energy to restart production from Ungani oilfield
Thursday, 9 Mar 2017 05:36pm EST 

Buru Energy Ltd : Restart of production from Ungani oilfield . Advise that it has completed a restart plan for Ungani oilfield . Restart is subject to final joint venture and regulatory approvals and award of various necessary contracts .Planned modifications to larger tank will also help streamline storage system and reduce operating costs.  Full Article

Buru Energy updates on agreement with Alcoa of Australia
Monday, 1 Aug 2016 04:50am EDT 

Buru Energy Ltd : "Received a cash payment of $9.878 million before costs from the sale of the Yakka Munga Pastoral lease" . Reached agreement with Alcoa of Australia which provides certainty on repayment terms for outstanding sum of $25 million owed by co . Buru and Alcoa reached further agreement under which Buru may repay to Alcoa the sum of $12.5 million on or before 28 December 2016 .  Full Article

Buru Energy Ltd updates on Yakka Munga Pastoral Lease agreement
Thursday, 21 Jan 2016 12:24am EST 

Buru Energy Ltd:Provides update on the Yakka Munga Pastoral Lease.Unit entered an agreement to sell the Yakka Munga Pastoral Lease with Shanghai Zenith (Australia) Investment Holding Pty Ltd for a sum of AU$8.75 million.Transaction is expected to be completed in the first half of 2016.  Full Article

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