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 Energy enter Ungani Oilfield farm-in agreement
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Manage episode 424324957 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) managing director Thomas Nador joins Proactive’s Meagan Evans to discuss Buru’s farm-in agreement with Sabre Energy Pty Ltd for the Ungani Oilfield production and exploration assets. This agreement covers Petroleum Production Licences L 20 and L 21 in Western Australia’s onshore Canning Basin. Under the agreement, Sabre will acquire a 70% interest in the assets and assume operatorship, while Buru retains a 30% interest and benefits from a $6 million farm-in carry from Sabre. This includes $1 million to restart production at Ungani and $5 million for drilling the Mars exploration well. Nador expressed optimism about the partnership, highlighting Sabre's expertise and potential value addition to the Ungani Oilfield. Plans are underway to restart production and drill the Mars prospect during the 2024 Kimberley operating season. The timing depends on securing a suitable drilling rig. Despite previous impairments, the joint venture aims to revitalise the Ungani assets, benefiting shareholders, the local community and the Western Australian Government. #ProactiveInvestors #BuruEnergy #ASX #SabreEnergy #UnganiOilfield #JointVenture #FarmIn #Oil&Gas #PetroleumProductionLicences #CanningBasin #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
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606 episodes
MP3•Episode home
Manage episode 424324957 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) managing director Thomas Nador joins Proactive’s Meagan Evans to discuss Buru’s farm-in agreement with Sabre Energy Pty Ltd for the Ungani Oilfield production and exploration assets. This agreement covers Petroleum Production Licences L 20 and L 21 in Western Australia’s onshore Canning Basin. Under the agreement, Sabre will acquire a 70% interest in the assets and assume operatorship, while Buru retains a 30% interest and benefits from a $6 million farm-in carry from Sabre. This includes $1 million to restart production at Ungani and $5 million for drilling the Mars exploration well. Nador expressed optimism about the partnership, highlighting Sabre's expertise and potential value addition to the Ungani Oilfield. Plans are underway to restart production and drill the Mars prospect during the 2024 Kimberley operating season. The timing depends on securing a suitable drilling rig. Despite previous impairments, the joint venture aims to revitalise the Ungani assets, benefiting shareholders, the local community and the Western Australian Government. #ProactiveInvestors #BuruEnergy #ASX #SabreEnergy #UnganiOilfield #JointVenture #FarmIn #Oil&Gas #PetroleumProductionLicences #CanningBasin #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
…
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