Buru, Mitsubishi officially open Ungani

Ungani oil field and location.

Ungani oil field and location.

Oil and gas exploration and production firm, Buru Energy and joint venture partner Mitsubishi Corporation today opened their Ungani onshore oilfield in the southwest region of the Kimberley.

The Canning Basin facility aims to reach a production volume of 1250 to 3000 barrels per day by the end of 2015 with an eye towards increasing that figure to 5000 barrels per day in the coming years.

The joint venture is also looking to extend on its current Ungani project with further oil exploration and hopes to commence appraisal and development of unconventional gas resources in the Canning Super Basin, according to a statement from the Japanese partner.

Today’s official opening of the Ungani facility was attended by Western Australia’s Mines and Petroleum Minister Bill Marmion.

“This project will generate opportunities and benefits for local people, including traditional owners, local businesses, and for the State in general,” the Minister said.

Buru Energy chairman, Eric Streitberg said with no modern precedent for oil production in the Kimberley region, the development process “took perseverance”.

“We have quietly gone about the business of building the project and have been very strongly supported by the local community. We are also undertaking a systematic exploration program to expand our oil reserves base and look forward with confidence to expanding the project,” he said.

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