Buru Energy Ltd., Perth, plans a three-well exploration program and a series of seismic surveys in its onshore Canning basin permits for the coming northern Australian drilling season in Western Australia.
The drilling program includes two wildcats and one development well.
First will be Kurrajong-1 in EP 391 followed by the Ungani-8 development well and then the second wildcat at Rafael-1 in EP 391.
Kurrajong-1 is a large structure, well defined by 3D seismic data and is expected to have similar good quality reservoir to Ungani oil field at similar depth.
Rafael-1 is a large structure defined by 2D seismic as having more than 450 m of mapped closure. It is interpreted as having similarities to Devonian aged carbonate structures in western Canada.
The seismic programs have been allocated to Terrex Pty Ltd. and will cover some 1,200 line-km, beginning with the Celestine 2D survey across EPs 457 and 458. The aim is to help fill Buru’s prospect inventory and enable continued drilling into the 2022 drilling season.
Buru will be carried for $16 million (Aus.) of the drilling costs of the wildcats and a significant part of the seismic program through a farm-in deal with Origin Energy executed in December 2020 (OGJ Online, Jan. 4, 2021).
