Ann: Weekly Drilling Report - Victory 1, page-2

Buru Energy Limited (Buru Energy) provides the following weekly update on drilling operations at the Victory 1 well as at 06:00hrs, 15 October 2015 (AWST).

Since the last progress report, 5-1/2” (140mm) casing has been run and cemented to 1,893 metres. Subsequent to the casing job being completed, and prior to drilling ahead, mechanical issues were encountered with the casing and these are currently being remediated. It is expected this process will take at least another three days. The well will then be drilled ahead in 4-3/4” (121mm) hole into the prognosed primary objectives