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Buru Energy ( (AU:BRU) ) has shared an update.
Buru Energy Limited has completed the divestment of its subsidiary, 2H Resources Pty Ltd, to Koloma Australia Pty Ltd, transferring all issued share capital and associated exploration licenses. This move is part of Buru’s strategic rationalization process in the Canning Basin, with Koloma taking over operational control and commitments from July 2025.
More about Buru Energy
Buru Energy Limited is a company operating in the energy sector, primarily focusing on geologic hydrogen and helium exploration through its subsidiary, 2H Resources Pty Ltd. The company holds interests in various Petroleum Exploration Licence Applications and Gas Storage Exploration Licence Applications across South Australia, Tasmania, and Western Australia.
Average Trading Volume: 1,697,115
Technical Sentiment Signal: Sell
Current Market Cap: A$16.37M
For an in-depth examination of BRU stock, go to TipRanks’ Overview page.
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