9 June 2025appendix 3g unquoted issue● Neutral
Buru Energy issued 3,900,000 unlisted options.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
9 June 2025securities registry admin● Neutral
Buru Energy issued 3,900,000 director options, approved by shareholders at the 2025 AGM.
9 June 2025director interest notice● Neutral
A director's interest notice duplicate-confirming the same 1,500,000-share Share Purchase Plan acquisition by David Maxwell (filed alongside a companion notice the same day).
21 May 2025investor presentation● NeutralMajor
The 2025 AGM Chair's address confirmed Buru's sharpened focus on Rafael, an orderly exit from the Battmin and 2H Resources subsidiaries, and a planned 60% reduction in total Canning Basin permit area.
21 May 2025agm notice● Neutral
Buru Energy shareholders approved the resolutions put to the vote at the company's 2025 Annual General Meeting.
22 Apr 2025securities registry admin● Neutral
Buru Energy's share registry (MUFG Corporate Markets) moved its Sydney office address; no change to shareholder-facing contact details.
16 Apr 2025agm notice● Neutral
Buru wrote to shareholders giving notice of its 2025 Annual General Meeting, to be held 21 May 2025 in West Perth.
9 Apr 2025investor presentation● Neutral
Buru published an updated Rafael Gas Project presentation for investors.
8 Apr 2025director officer appointment▼ BadMajor
Long-serving non-executive director Robert Willes (on the board since 2014, and chair of the audit committee) announced his retirement later in the year, with Buru choosing not to replace him - shrinking the board to just three non-executive directors, a modest cost-cutting move as the company's cash position tightened.
2 Apr 2025material agreement▲ GoodMajor
Buru executed a Strategic Development Agreement with Clean Energy Fuels Australia (an Octa Group/I Squared Capital portfolio company) to co-develop the Rafael Gas Project's downstream LNG/liquids supply chain, targeting cashflow from H2 2027, with binding agreements expected in late 2025.
31 Mar 2025quarterly cashflow report● Neutral
Buru Energy reported $5.5M cash on hand at the end of the quarter ended 2025-03-31, having used $1.9M in operating cash flow that quarter. Against $2.5M in quarterly cash outgoings (operating costs plus exploration spend), that implied roughly 2.2 quarters of funding on hand.
25 Mar 2025agm notice● Neutral
Buru Energy set its 2025 Annual General Meeting date (21 May 2025) and director-nomination closing date under its standard listing-rule disclosure.
24 Jan 2025asset acquisition disposition● NeutralMajor
Buru's Battmin subsidiary sold its 50% Barbwire Terrace interest to JV partner Sipa Resources in exchange for a 0.6% Net Smelter Return royalty (Sipa retaining a $0.6M buy-back option) - part of Buru's push to focus capital on the Rafael Project.
23 Jan 2025appendix 3g unquoted issue● Neutral
Buru Energy granted 3,870,000 performance rights under its Employee Incentive Performance Rights Plan.
23 Jan 2025securities registry admin● Neutral
Buru issued 3.87 million service-based Performance Rights to staff (excluding the CEO), vesting in equal tranches on 1 July 2025 and 1 July 2026.
31 Dec 2024other● Neutral
Buru Energy published its first standalone ESG Report, covering environmental, social and governance performance for the year ended 31 December 2024.
31 Dec 2024quarterly cashflow report▼ Bad
Buru Energy reported $7.9M cash on hand at the end of the quarter ended 2024-12-31, having used $5.4M in operating cash flow that quarter. Against $5.8M in quarterly cash outgoings (operating costs plus exploration spend), that implied roughly 1.4 quarters of funding on hand.
31 Dec 2024other● Neutral
Buru Energy published its Corporate Governance Statement for the year ended 31 December 2024.
31 Dec 2024remuneration report● Neutral
Buru Energy's FY2024 remuneration report disclosed a further board change - David Maxwell joined as a non-executive director and Chair in July 2024, and Eric Streitberg retired in August 2024 - alongside continuing directors Robert Willes, Joanne Williams and Malcolm King, plus Chief Executive Officer Thomas Nador, who again led all pay at $583,584.
17 Dec 2024joint venture update▲ GoodMajor
Buru advanced Rafael partnering/offtake talks (targeting 1Q 2025 agreements) and improved subsurface confidence in the resource, while announcing plans to surrender ~60% of its non-core Canning Basin acreage and to divest 2H Resources and Battmin in Q1 2025 to sharpen its Rafael focus.
29 Nov 2024appendix 2a quotation● Neutral
Buru Energy listed for quotation 5,080,645 new ordinary shares, taking total shares on issue from 774,328,962 to 779,409,607.
29 Nov 2024cleansing notice● Neutral
Buru Energy lodged a routine cleansing notice for the remaining 5,080,645 shares of its September 2024 placement, issued to two directors after shareholders approved their participation at a November 2024 general meeting.
29 Nov 2024director interest notice● Neutral
Buru Energy directors were issued unlisted director options (as approved at the AGM), including a 1,900,000-option tranche struck at $0.07.
26 Nov 2024director interest notice● Neutral
Buru Energy director David Maxwell acquired 5,000,000 ordinary shares under a share placement.
21 Nov 2024investor presentation▼ BadMajor
At a shareholder meeting, Buru disclosed the results of a comprehensive business review aimed at redirecting the company's limited capital toward the Rafael gas project: a 40% headcount reduction, cuts to director fees, CEO Thomas Nador forfeiting his 2024 short-term bonus, and other measures together cutting about $3 million a year in costs. A real, material cost-cutting program - a clear sign of financial pressure, not routine investor communication.
21 Nov 2024agm notice● Neutral
Buru Energy shareholders approved the resolutions put to a General Meeting held 21 November 2024 - a special meeting called outside the annual cycle, not the company's AGM.
14 Nov 2024investor presentation● Neutral
CEO Thomas Nador presented at the Noosa Mining Conference, reiterating that developing the Rafael gas and condensate discovery was Buru's core priority for long-term cash flow and growth.
30 Oct 2024investor presentation▲ Good
2H Resources presented its natural hydrogen/helium exploration progress at the Australian Natural Hydrogen Conference 2024, framed as a low-cost complement to Buru's core Rafael gas priority.
23 Oct 2024drilling result▼ BadMajor
Rafael Shallow 1 was drilled safely to 1,203m on time and budget but found no moveable hydrocarbons and will be plugged and abandoned - a disappointing result, though Buru stressed it doesn't affect the separate, already-proven Rafael (deep) gas and condensate resource that remains its core strategic priority.
22 Oct 2024drilling progress report● Neutral
Rafael Shallow 1 reached its planned total depth through the target reservoirs and began wireline logging.