Buru Energy Limited provides the following update on drilling operations at the Ungani 3 well as at 06:00hrs, 25 February 2014 (AWST).

The well has been drilled to a total depth of 2,547m MD within the Nullara Formation. A comprehensive suite of logs has been run over the open hole to evaluate the Ungani Dolomite and Nullara Limestone intervals. The logs identified a fracture zone at the top of the Ungani Dolomite coincident with the elevated gas readings recorded whilst drilling this section. Attempts are currently being made to acquire pressure and fluid samples over the fracture zone utilising a wireline formation tester. Following that, rotary sidewall cores will be acquired to sample throughout the Ungani Dolomite interval.

Tags: Buru Energy