Bitcoin pioneer Charlie Shrem peels back the layers on the lives and backgrounds of the world's most impactful innovators. Centering around intimate narratives, Shrem uncovers a detailed, previously unspoken story of the genesis and evolution of bitcoin, cryptocurrency, artificial intelligence, and the web3 movements. Join Shrem as he journeys through the uncharted territories of tech revolutions, revealing the human side of the stories that shaped the digital world we live in today.
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Buru Energy and Sabre ink $6 million deal for Rafael shallow drilling
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Manage episode 432736608 series 2891889
Content provided by Proactive Investors. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Proactive Investors or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Buru Energy Ltd (ASX:BRU) CEO Thomas Nador sits down with Jonathan Jackson in the Proactive studio after the company entered a farm-in agreement with Sabre Energy Pty Ltd to finance the drilling of the Rafael Shallow oil target within licence EP 428 in Western Australia's onshore Canning Basin. Under the agreement, Sabre Energy will cover $6 million in drilling and testing costs, earning a 50% stake in any commercial discovery and subsequent production licence. Buru retains a 50% interest and operational control. Additionally, Sabre will pay Buru $1.5 million for prior exploration expenses if a commercial discovery is made. Buru has estimated the Rafael Shallow target to hold 3.2 million to 79 million stock tank barrels of recoverable oil, with a best estimate of 19 million barrels. Nador highlighted the strategic value and strong market interest in the Rafael Shallow prospect. The partnership aligns well with Buru’s other projects, particularly the Ungani Oilfield. Preparations for drilling, scheduled for late in the third quarter, are in advanced stages with necessary equipment and approvals in place. #ProactiveInvestors #BuruEnergy #ASX #SabreEnergy #FarmInAgreement #OilExploration #RafaelShallow #CanningBasin #WesternAustralia #OilDiscovery #OilDrilling #EnergySector #ASX #Investment #OilProduction #ExplorationDeal #UnganiOilfield #EnergyPartnership #ResourceEstimation #DrillingProgram #EnergyNews #StockMarket #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
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608 episodes
MP3•Episode home
Manage episode 432736608 series 2891889
Content provided by Proactive Investors. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Proactive Investors or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Buru Energy Ltd (ASX:BRU) CEO Thomas Nador sits down with Jonathan Jackson in the Proactive studio after the company entered a farm-in agreement with Sabre Energy Pty Ltd to finance the drilling of the Rafael Shallow oil target within licence EP 428 in Western Australia's onshore Canning Basin. Under the agreement, Sabre Energy will cover $6 million in drilling and testing costs, earning a 50% stake in any commercial discovery and subsequent production licence. Buru retains a 50% interest and operational control. Additionally, Sabre will pay Buru $1.5 million for prior exploration expenses if a commercial discovery is made. Buru has estimated the Rafael Shallow target to hold 3.2 million to 79 million stock tank barrels of recoverable oil, with a best estimate of 19 million barrels. Nador highlighted the strategic value and strong market interest in the Rafael Shallow prospect. The partnership aligns well with Buru’s other projects, particularly the Ungani Oilfield. Preparations for drilling, scheduled for late in the third quarter, are in advanced stages with necessary equipment and approvals in place. #ProactiveInvestors #BuruEnergy #ASX #SabreEnergy #FarmInAgreement #OilExploration #RafaelShallow #CanningBasin #WesternAustralia #OilDiscovery #OilDrilling #EnergySector #ASX #Investment #OilProduction #ExplorationDeal #UnganiOilfield #EnergyPartnership #ResourceEstimation #DrillingProgram #EnergyNews #StockMarket #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
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