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Buru Energy Limited - Government approves two-year extension of time in which to apply for a Production Licence over the Rafael gas and condensate field in EP 428
Buru Energy Limited - Government approves two-year extension of time in which to apply for a Production Licence over the Rafael gas and condensate field in EP
About this update from Buru Energy Ltd
Buru Energy Limited (Buru, Company) (ASX: BRU) is pleased to advise that it has received approval from the Western Australian Government Department of Mines, Petroleum and Exploration (DMPE) for a two year extension of time in which to apply for a Petroleum Production Licence or Petroleum Retention Lease over the Rafael gas and condensate field location in Exploration Permit EP 428 in the Canning Basin . This approval allows Buru to maintain the timeframe needed to achieve first production from the Rafael Gas Project and apply for a Production Licence when key project milestones have been achieved. Buru CEO, Mr Thomas Nador said: 'This approval for an extension of time in which to apply for a Production Licence for Rafael will allow important work to be completed, including the maturation of technical and commercial work with our development partner, Clean Energy Fuels Australia (CEFA). I thank the Western Australian government for approving the extension to 2 July 2027 . We will use the time wisely to deliver the Rafael Gas Project for the benefit of our stakeholders.' Contact: Thomas Z Nador Tel: +61 8 9215 1800 Email: [email protected] Web: www.buruenergy.com (C) 2025 Electronic News Publishing, source ENP Newswire