Buru Energy Ltd is engaged in oil and gas exploration and production in the Canning Basin in the northwest of Western Australia. The group is divided into two reportable segments: the Oil Production segment which includes the development and production of the Ungani Oilfield. Exploration segment, the exploration program is focused on prospects along the Ungani oil trend, the Yulleroo area where gas resources have been identified in the Laurel Formation, and the Lennard Shelf area including the shut-in Blina and Sundown Oilfields, and Energy Transition segment initiatives to ensure it is part of the energy transition through subsidiaries.
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