WA's Ungani Oil Field on Track for Production Startup in Mid-July

The Buru Energy Ltd.-Mitsubishi Corp. Joint Venture (JV) received the production licenses for the Ungani oil field in Western Australia's Kimberly region following the execution of Native Title Agreements with the Nyikina Mangala, Karajarri Yanja and Yawaru people, Buru Energy said Monday.

The company indicated that the production licenses authorize the JV to produce oil from the Ungani field, where facility upgrades required for the commencement of commercial oil operation are almost complete. Buru added that the final documentation required by the Western Australian Department of Mines and Petroleum is expected soon and startup of production is on track for mid-July.

"Ungani is the first commercial oil production in the Canning Basin since the original Blina discovery in 1981 ... We have a comprehensive oil exploration program currently underway and we are confident that Ungani will be the first of many more discoveries as we unlock the potential of the basin," Buru Energy Chairman Eric Streitberg said in the press release.

Have a news tip? Share it with Rigzone!
Email news@rigzone.com


Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies

Our Privacy Pledge

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  Aker Solutions to Buy Brazilian C.S.E (Oct 21)
 -  Sea Trucks Group Secures Work Offshore... (Oct 21)
 -  Shell Divests Non-Core Oil, Gas Proper... (Oct 21)
 -  Petrofac Appoints New CFO (Oct 21)
 -  Wheatstone LNG Development Start-Up in... (Oct 20)

Most Popular Articles

From the Career Center
Jobs that may interest you
Petroleum / Facilities Engineering Specialist - Offshore
Expertise: Petroleum Engineering
Location: Houston, TX
Petroleum Engineer
Expertise: Petroleum Engineering
Location: Houston, TX
Reservoir Engineering (Oil / Gas Reservoir Management)
Expertise: Reservoir Engineering
Location: Houston, TX
search for more jobs

Brent Crude Oil : $51.78/BBL 0.77%
Light Crude Oil : $50.85/BBL 0.83%
Natural Gas : $2.99/MMBtu 4.77%
Updated in last 24 hours