Ann: Quarterly Activities and Cash Flow Report September 2016-BRU.AX, page-53

Hi Musky, thanks for that.

Perhaps we should hire whoever wrote the report to do our PR for us. I found the following from your article a much more interesting read than our recent quarterly report.

"Onshore Canning Basin joint venturers include; a) Buru Energy - Mitsubishi; b) New Standard Energy - Conoco Phillips; c) Hess - Kingsway Oil; and d) AWE - Nonruest.

The Canning Basin is also estimated to hold light crude and condensate oils with technically recoverable oil reserves of 9.8 Bbbl. Once gas is harnessed, then Buru's oil production is expected to be increased further with the extraction of condensate from 'wet gas'. Production of large quantities of gas sufficient to support an LNG export operation from the onshore Canning Basin could potentially commence within the foreseeable future. This might entail a network of oil and gas pipelines to link the onshore Canning Basin with one or more export ports, and/or with the Pilbara end of the Port Hedland to Bunbury domestic gas pipeline."

Thanks