Buru makes headway on Ungani 8H well

Buru Energy has spudded the Ungani 8H development well on Saturday, which is located on production license L20, northwest of the Ungani 1 and 2 wellheads and the Ungani production facility.

Ungani 8H is designed to access undrained oil reserves in a crestal location within the north-eastern part of the central fault block (CFB) of the Ungani Field.

The well was spudded by the Ensign 963 drilling rig, with it planned to intersect the Ungani Dolomite reservoir section at least 50 m above the originally water contact at a subsea depth of 2065 m.

Path Investments plc (LON:PATH) is an energy investment company, and is focused on making investments in the energy sector on a global basis. The company seeks to create value for its shareholders through acquisitions, joint ventures or direct interests in energy businesses or associated projects.

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