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Buru Energy Raises $5.3M After Rafael Project Economics Improve
9:42am on Friday 17th of April, 2026 AEST
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Energy
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Buru Energy Raises $5.3M After Rafael Project Economics Improve
9:42am on Friday 17th of April, 2026 AEST
Key Points
Placement raises $5.3 million at 21.1% discount
Engineering studies reveal 20-47% uplift in pre-tax cashflow
New LPG and condensate streams identified
Drilling timeline extended to April 2027 for optimisation
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