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MarketScreener Homepage  >  Equities  >  Australian Stock Exchange  >  Buru Energy Limited    BRU   AU000000BRU3

BURU ENERGY LIMITED

(BRU)
  Report
End-of-day quote. End-of-day quote Australian Stock Exchange - 10/30
0.095 AUD   +4.40%
10/15BURU ENERGY LIMITED : - Quarterly Activities and Cash Flow Report, September 2020
AQ
10/14BURU ENERGY : Quarterly Activities and Cash Flow Report - September 2020
PU
09/27BURU ENERGY : Operations Update
PU
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Buru Energy : Operations Update

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03/23/2020 | 02:37am EDT

ASX Announcement

23 March 2020

Operations update

Ungani 6 coil tubing operations

Coil tubing operations commenced at the Ungani 6H/ST1 well with milling operations on the cement shoe track at the total depth of the well. The shoe track was successfully milled out after a number of issues were encountered, but the coil drilling assembly subsequently became stuck in the area of the shoe track. After numerous unsuccessful ASX:attemptsBRUto free the stuck string, it has been agreed to suspend the well while options for forward activity are considered.

All contractor and rental equipment including the Halliburton coil tubing unit are being demobilised and personnel associated with the operation are also demobilising in accordance with the current COVID-19 travel protocols.

This ASX announcement has been authorised for release by the Executive Chairman.

For further information, visit www.buruenergy.comor contact:

Eric Streitberg, Executive Chairman

Telephone:

+61 8 9215 1800

Freecall:

1800 337 330

Email:

info@buruenergy.com

1

Level 2, 16 Ord St West Perth WA 6005

1800 337 330

info@buruenergy.com

ABN 71 130 651 437

Disclaimer

Buru Energy Ltd. published this content on 23 March 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 March 2020 06:36:04 UTC


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Financials
Sales 2019 13,8 M 9,68 M 9,68 M
Net income 2019 -27,5 M -19,3 M -19,3 M
Net cash 2019 28,2 M 19,8 M 19,8 M
P/E ratio 2019 -2,75x
Yield 2019 -
Capitalization 41,0 M 28,9 M 28,8 M
EV / Sales 2018 1,49x
EV / Sales 2019 3,44x
Nbr of Employees 41
Free-Float 67,3%
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Consensus
 
Mean consensus -
Number of Analysts
Average target price
Last Close Price 0,10 
Spread / Highest target -
Spread / Average Target -
Spread / Lowest Target -
EPS Revisions
Managers
NameTitle
Eric Charles Streitberg Executive Chairman
Kris Waddington Chief Operating Officer
Shane McDermott Chief Financial Officer & Secretary
Eve Alexandra Howell Independent Non-Executive Director
Robert A. Willes Independent Non-Executive Director
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