30 Sept 2025director interest notice● Neutral
Robert Willes ceased to be a Buru Energy director after more than a decade on the board, retaining 310,957 ordinary shares.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
30 Sept 2025capital raising announcement● Neutral
Buru reminded eligible shareholders of the (now-extended) closing date for its Share Purchase Plan.
30 Sept 2025quarterly cashflow report▼ Bad
Buru Energy reported $3.2M cash on hand at the end of the quarter ended 2025-09-30, having used $975K in operating cash flow that quarter. Against $1.8M in quarterly cash outgoings (operating costs plus exploration spend), that implied roughly 1.8 quarters of funding on hand.
23 Sept 2025capital raising announcement● Neutral
Buru extended its Share Purchase Plan's closing date by about a week to give shareholders more time to apply.
18 Sept 2025regulatory community update▲ GoodMajor
Buru received Western Australian government approval of its Well Drilling Environment Plan for the 2026 Rafael appraisal campaign - covering a new high-impact Rafael 2H well (from the existing Rafael 1 pad, potentially deepened to test a separate Flying Fox prospect) and a sidetrack recompletion of Rafael 1 itself, both to be flow tested - a required de-risking step still subject to securing a funding partner.
17 Sept 2025appendix 2a quotation● Neutral
Buru Energy listed for quotation 1,270,000 new ordinary shares, taking total shares on issue from 884,409,607 to 885,679,607.
10 Sept 2025investor presentation● Neutral
CEO Thomas Nador presented the Rafael Gas Project at the RIU Good Oil and Gas Energy Conference.
8 Sept 2025capital raising announcement● Neutral
Buru opened its Share Purchase Plan at 2.0 cents a share (matching the just-completed placement price), targeting a further $3 million from existing shareholders, with free attaching options offered as a sweetener.
5 Sept 2025appendix 2a quotation● Neutral
Buru Energy listed for quotation 105,000,000 new ordinary shares, taking total shares on issue from 779,409,607 to 884,409,607.
4 Sept 2025investor presentation● Neutral
CEO Thomas Nador hosted an investor webinar, 'Opportunity to participate in the transformation of Buru Energy.'
2 Sept 2025investor presentation● Neutral
Buru announced a 4 September 2025 investor webinar where the CEO would cover the Rafael Gas Project and the current Share Purchase Plan offer.
1 Sept 2025capital raising announcement▼ BadMajor
Buru raised $2.1 million through a share placement at just 2.0 cents a share - down from 6.2 cents in 2024, 11.5 cents in 2023, and 16 cents in 2021-22 - and launched a follow-on Share Purchase Plan targeting a further $3 million, with free bonus options attached to each new share for the first time. The steadily falling raise price and the added options sweetener both point to a company under real, growing financial strain funding its Rafael gas project through to a planned 2026 investment decision, even though the placement itself was completed.
1 Sept 2025investor presentation● Neutral
An investor deck ahead of the 4 September 2025 webinar pitched Rafael as a near-term-foundation, long-term-cashflow growth opportunity.
1 Sept 2025appendix 3b new issue● Neutral
Buru lodged the issue notice for the free attaching options from its September 2025 raise: up to 75,000,000 options to Share Purchase Plan participants and 52,500,000 to placement participants, all struck at $0.03.
28 Aug 2025trading halt request● Neutral
Buru Energy requested a trading halt pending a capital-raising announcement.
14 Aug 2025investor presentation● Neutral
A 'Fuelling the Future' investor deck pitched Rafael's material value and energy-security case for northwest WA, illustrated with a small-scale LNG facility example from development partner Clean Energy Fuels Australia.
7 July 2025asset acquisition disposition▲ GoodMajor
Buru completed the sale of its wholly-owned natural-hydrogen/helium subsidiary 2H Resources to Koloma Australia, transferring all its South Australian/Tasmanian/WA exploration licence interests - closing out the hydrogen business Buru had built since 2023.
7 July 2025cleansing notice● Neutral
Buru Energy lodged a routine cleansing notice for 1,270,000 shares issued to employees on the exercise of vested performance rights under its Employee Incentive Performance Rights Plan.
7 July 2025cleansing notice● Neutral
Buru Energy lodged a routine cleansing notice ahead of a Share Purchase Plan offering eligible shareholders up to $30,000 of new shares each.
7 July 2025drilling scheduled● NeutralMajor
Buru resequenced the Rafael Gas Project to drill and test a new Rafael B appraisal well before recompleting Rafael 1 (aimed at reducing risk and raising the probability of higher reserves), pushing drilling to the June 2026 quarter while still targeting first production in late 2027.
7 July 2025cleansing notice● Neutral
Buru Energy lodged a routine cleansing notice for 47,500,000 shares issued under a Share Purchase Plan shortfall placement at $0.02 (raising $0.95 million).
7 July 2025cleansing notice● Neutral
Buru Energy lodged a routine cleansing notice confirming 105,000,000 shares issued from its ~$2.1 million September 2025 placement at $0.02 complied with disclosure rules and can trade freely.
7 July 2025regulatory community update▲ Good
Buru welcomed a WA EPA recommendation approving Black Mountain Energy's neighbouring Valhalla gas project (an asset Buru itself sold on years earlier), framing it as validation of the Canning Basin's importance to WA's gas supply alongside its own Rafael project.
7 July 2025investor presentation● Neutral
A Rafael Gas Project update presentation emphasised a conservative, simplicity-first development approach to secure early cashflows amid a challenging market.
7 July 2025regulatory community update▲ GoodMajor
The WA Government granted Buru a two-year extension (to 2 July 2027) to apply for a Production Licence over the Rafael gas and condensate field, preserving time to complete technical/commercial work with development partner CEFA.
7 July 2025resource reserve update▲ GoodMajor
Buru identified a new gas prospect, Flying Fox, directly beneath the Rafael field on 3D seismic - assessed Prospective Resources of 60-614 Bscf gas (P50 247 Bscf) and 1.2-12.6 MMstb condensate (P50 5.0 MMstb), roughly matching Rafael's own existing contingent resource in size, testable via a incremental ~500m extension of a planned Rafael well.
7 July 2025asset acquisition disposition● NeutralMajor
Buru sold its 2H Resources subsidiary - a side venture exploring for natural (geologic) hydrogen and helium - along with some non-core Canning Basin exploration acreage to Koloma Australia, for up to $2 million plus a right to buy back into any future hydrogen discovery. Following a late-2024 strategic review, this exits a business Buru had decided not to keep funding so it can focus its limited capital on the core Rafael gas project.
30 June 2025quarterly cashflow report▼ Bad
Buru Energy reported $2.3M cash on hand at the end of the quarter ended 2025-06-30, having used $2.2M in operating cash flow that quarter. Against $3.1M in quarterly cash outgoings (operating costs plus exploration spend), that implied roughly under one quarter of funding on hand.
30 June 2025other▼ BadMajor
Buru's H1 2025 interim report showed cash down sharply to $2.3M (from $7.9M) and a half-year loss narrowed to $3.2M from $4.7M - a genuinely tight cash position.
9 June 2025director interest notice● Neutral
Buru Energy director David Maxwell acquired 1,500,000 ordinary shares under a Share Purchase Plan offer.