BRU 5.71% 9.9¢ buru energy limited

Posted 1 day agoTenzorGEO is excited to announce that we have...

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    Posted 1 day ago

    TenzorGEO is excited to announce that we have completed a passive seismic data processing and interpretation project to assess the hydrocarbon potential across the Paradise area within the EP 428 petroleum exploration permit located in the onshore portion of the Canning Basin in Australia using our
    Low Frequency Seismic technology

    https://lnkd.in/dTziEpeR.

    The project was supported by Buru Energy Ltd (Buru) as Operator of the EP 428 petroleum exploration permit on behalf of Origin Energy West Pty Ltd (Origin) and was co-funded under the Energy Analysis Program of the Exploration Incentive Scheme (EIS) administered by the Department of Mines, Industry Regulation and Safety, Western Australia (DMIRS) to improve the understanding of petroleum systems in Western Australia.

    The deliverable from the survey was a map of hydrocarbon presence probability to identify and de-risk the presence of hydrocarbons in the survey area.

    The result correlated well with the interpretation of the 2D reflection seismic data over the Paradise area.

    This result is an endorsement of our technology, and we look forward to how Buru makes use of the results.

    TenzorGEO enjoyed working with the Buru team, who were supportive throughout the project and made working with them easy and straightforward.

    TenzorGEO would like to thank our Australian agents and partners Molyneux Advisors for their hard work, commitment and support throughout the project especially during the pandemic when we could not physically travel to Australia to meet with clients.

    We look forward to progressing projects in Australia and creating value for the oil and gas industry across the globe through deployment of our technology.

    Please reach out if you want to know more about projects and the application of our [email protected]
 
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