Buru Energy Limited (ASX:BRU)

Focused on the exploration and production of oil and gas resources in the Canning Basin.

About Us

Founded in 2008, Buru Energy Limited is an Australian energy company specialising in the exploration and production of oil and gas, with operations primarily in the Canning Basin, Western Australia. The company also explores new energy technologies including natural hydrogen and carbon capture storage through its subsidiaries.

Company Overview

The Company’s principal focus is the development of gas and oil resources in the northwest of Western Australia whilst participating in the new energy economy through its subsidiary companies involved in natural hydrogen and helium exploration, carbon capture and storage, and battery minerals exploration.

The Company’s gas and oil assets and tenements are located onshore in the Canning Basin in the southwest Kimberley region of Western Australia, where it owns and operates 100% of the conventional gas and condensate discovery at Rafael 1, and the conventional Ungani Oilfield project.

In addition, Buru operates a basin wide portfolio of exploration permits and licences in the Canning Basin spanning ~22,000 km2, prospective for conventional and unconventional hydrocarbon resources, carbon capture and storage and battery minerals exploration, with working interests ranging from 60% to 100%.

The Company also has significant exploration licence application areas in the Adelaide Superbasin in South Australia spanning ~30,000 km2 where it is targeting natural hydrogen and helium exploration, and is the preferred applicant for Special Prospecting Authorities with an Acreage Option in Western Australia spanning ~35,000km2 where it is targeting helium exploration

Board & Management

Eric Streitberg

Eric Streitberg

Non-Executive Chairman

Mr Streitberg has more than 40 years of experience in petroleum geology and geophysics, oil and gas exploration and oil and gas company management. He was a founding shareholder and held the position of Managing Director of ARC Energy Limited from 1997 until August 2008, during which time ARC Energy Limited was transformed from a junior oil and gas exploration company into a mid-size Australian oil and gas producer.  Mr Streitberg was also the founding shareholder and Managing Director of Discovery Petroleum which was a key participant in the renaissance of the Perth Basin as a significant gas producer until the takeover of the company in 1996.  Prior to that he held various senior international exploration roles with Occidental Petroleum and BP.  He was a founding shareholder and Non-executive Director of Adelphi Energy Limited from 2005 until its takeover in 2010.  He is a founding shareholder of Buru Energy and has been a Director since its listing in October 2008.

He is a Fellow of the Australian Institute of Mining and Metallurgy and the Australian Institute of Company Directors, a member of the Society of Exploration Geophysicists, Petroleum Exploration Society of Australia and the American Association of Petroleum Geologists.

Mr Streitberg is a Director and past Chair of the Australian Petroleum Production and Exploration Association and has also chaired the APPEA Exploration and Environment Committees.  He is the immediate past Chair of the Marine Parks and Reserves Authority of Western Australia.

Mr Streitberg is a Certified Petroleum Geologist and Geophysicist and holds a Bachelor of Science (App. Geoph.) from the University of Queensland.

Joanne Williams

Joanne Williams

Non-Executive Director

Joanne is an experienced industry professional with more than 25 years’ experience in technical and executive roles with Woodside Petroleum, Newfield Exploration, Gulf Canada, Clyde Petroleum, Nido Petroleum and Blue Star Helium.

Joanne has been directly responsible for managing production operations, exploration drilling and development projects, capital raisings, asset transactions and joint venture interests throughout her career; including as Deputy Managing Director at Nido Petroleum and Managing Director at Blue Star Helium. Joanne is currently also a Non-executive Director of 88 Energy Limited, an Australian-listed explorer and producer and Jadestone Energy plc, an AIM-listed, SE Asian focussed producer.

Joanne is a Petroleum/Reservoir Engineer holding a Bachelor of Engineering (Hons) from the University of Adelaide and is a member of the Australian Institute of Company Directors.

Malcolm King

Malcolm King

Non-Executive Director

Malcolm has 35 years of upstream oil and gas experience, mostly with Shell in technical, commercial and leadership roles across Asia and Australia. His Shell experience spans the exploration & production and gas & power businesses, participating in and leading exploration and M&A campaigns, and working extensively in LNG operations, business development and market development. More recently Malcolm led Senex Energy’s commercial and business development functions for the Cooper Basin oil and Queensland coal seam gas businesses. He currently provides consulting services to the energy industry and is an independent director on the board of Triangle Energy (Global) Ltd. 

Malcolm has a Bachelor of Applied Science (Geology) degree from the University of Southern Queensland and a Master of Science (Petroleum Geology) from the University of Aberdeen, Scotland. He is a Member of Australian Institute of Company Directors and a graduate of the Australian Institute of Company Directors Director Program.

Robert Willes

Robert Willes

Non-Executive Director

Robert has over 30 years of extensive international experience in the oil and gas and energy industries, covering senior commercial and leadership positions with BP as well as ASX and government board roles.  His BP career included exploration & production, gas & power and global M&A, with responsibility for numerous complex deals such as divestments, farm-ins, asset swaps, new acreage bids, unitisations, gas and LNG sales.

A former Managing Director of Challenger Energy Ltd and CEO of Eureka Energy Limited, Robert is also a director of the Mid West Port Authority and has served on a number of boards including the Australian Petroleum Production and Exploration Association, North West Shelf Gas Pty Ltd, North West Shelf Liaison Co. Pty Ltd, North West Shelf Australia LNG Pty Ltd, North West Shelf Shipping Services Co. Pty Ltd, Carbon Reduction Ventures Pty Ltd and Perth Centre for Photography. 

Robert is a Graduate of the Australian Institute of Company Directors and member of the Association of International Petroleum Negotiators.  He holds an Honours Degree in Geography from Durham University in the UK and has completed Executive Education Programmes at Harvard Business School in the USA and Cambridge University in the UK.

Buru Energy Limited

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