Buru Energy Ltd · ASX:BRU
Buru Energy — Petroleum Exploration Society of Australia (PESA) Deal Day 2024
11 slides from Buru Energy's conference presentation, May 20, 2024
Slide 1: Investor Presentation – Rafael Shallow Prospect
ASX Announcement 20 May 2024 Investor Presentation – Rafael Shallow Prospect Buru Energy Limited (Buru) (ASX: BRU) is pleased to provide an Investor Presentation for the Rafael Shallow Prospect, as presented by Grant McMurtrie, General Manager Exploration for Buru Energy at the Petroleum Exploration
Slide 2: Rafael Shallow Prospect
For personal use only Rafael Shallow Prospect Opportunity to test 19 MMstb1 shallow oil prospect with simple low cost well 1 Prospective Resources relate to the estimated quantities of petroleum that may potentially be recovered by the application of a future development project(s), and relate to un
Slide 3: Disclaimer
Disclaimer This document has been prepared by Buru Energy Limited ABN 71 130 651 437 (“Buru”) No representation or warranty, expressed or implied, is made by Buru or any other and has been authorised for the intended purpose by the Chief Executive Officer. person that the material contained in this
Slide 4: High potential conventional clastic oil prospect
HIGH POTENTIAL CONVENTIONAL CLASTIC OIL PROSPECT Onshore Canning Basin, Western Australia New Play Concept For personal use only Low-cost exploration - 3D defined - Robust Permian top seal - Simple shallow well (~1200m) - New Permian oil source combined with - Low operational risk proven basin-wide
Slide 5: Canning Basin - large and underexplored
CANNING BASIN - LARGE AND UNDEREXPLORED Canning Basin For personal use only Fitzroy Trough Most prospective along the flanks of the Fitzroy Trough – a 600km long, ~12km deep Devonian to Triassic rift The Fitzroy Trough and adjacent terraces are underexplored (<20% wells) and retain significant u
Slide 6: Potential game changer prospect on new 3D
POTENTIAL GAME CHANGER PROSPECT ON NEW 3D Planned Rafael Rafael 1 Shallow 1 Spill to North 180m closure, For personal use only Crest 37 sq km NW SE FT10 SB Fitzroy Unc. Rafael Shallow Structure Spill to SW 125m closure, P30 Top Grant 16 sq km V20 SB Meda Unc. NW Initial 2D line SE Emerged as a large
Slide 7: Rafael Shallow Prospect: new shallow oil prospect
RAFAEL SHALLOW PROSPECT: NEW SHALLOW OIL PROSPECT A A’ Reservoir(s): Multi-level clastic targets within Noonkanbah the Permian Poole sandstone and Grant Fm topseal For personal use only that has proven production from the basin. Poole reservoir Trap: Large, robust trap defined on 3D seismic Grant re
Slide 8: Rafael Shallow Prospect: play elements
RAFAEL SHALLOW PROSPECT: PLAY ELEMENTS Fitzroy Trough 1o Seal – Noonkanbah Lennard Fm, 525m thick shale- Broome Jurgurra Tce Ungani Tce dominated Shelf regional seal Platform ~800mBGL Rafael Ungani East Yeeda Liveringa Fitzroy Inversion Permian Noonkanbah 1 For personal use only Poole Oil source Nur
Slide 9: Noonkanbah topseal and source rock
NOONKANBAH TOPSEAL AND SOURCE ROCK For personal use only Thick Permian Eroded section containing the Noonkanbah topseal Eroded Eroded 0 Rafael Source kitchen Shallow Prospect 1500m Raphael Shallow Prospect Noonkanbah source kitchens Isopach from FT10 to P30 Thick section containing the Noonkanbah
Slide 10: Rafael Shallow investment opportunity
RAFAEL SHALLOW INVESTMENT OPPORTUNITY For personal use only • Shallow, low cost, low risk, 3D defined, large scale, clastic reservoir prospect • Up to 50% working interest in the drilling of the Deal Drill Rafael Rafael Shallow 1 exploration well Dataroom signed Shallow 1 • Preparation underway to e
Slide 11: Meet our team at the AEP Conference
MEET OUR TEAM AT THE AEP CONFERENCE For personal use only Marketed by: Thomas Nador Eric Streitberg Craig Costello Antoine Darque M +61 (0) 407 192 799 M +61 481 083 768 E Craig@petroDIP.com E Antoine@petroDIP.com Grant McMurtrie 10
Buru Energy — Petroleum Exploration Society of Australia (PESA) Deal Day 2024 on 6ix