Buru Energy Limited (AU:BRU) has released an update.
Buru Energy Limited is focusing on its Rafael Project in the Kimberley, aiming to become a major gas and condensate producer. Despite setbacks with Sabre Energy, Buru raised $6.7 million for drilling and is progressing with new funding arrangements. The company is undergoing significant changes as it transitions towards commercializing its unique onshore gas resources in Western Australia.
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