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    Buru’s Yulleroo Well Not Leaking Gas, Says DMP

    Investing News Network
    Jan. 08, 2015 09:44AM PST
    Oil and Gas Investing

    Buru Energy Ltd. (ASX:BRU) announced that the Western Australian Department of Mines and Petroleum (DMP) has confirmed that contrary to protesters’ claims, a Yulleroo well has not leaked any gas.

    Buru Energy Ltd. (ASX:BRU) announced that the Western Australian Department of Mines and Petroleum (DMP) has confirmed that contrary to protesters’ claims, a Yulleroo well has not leaked any gas.

    As quoted in the press release:

    DMP officials inspected the site yesterday following claims by protesters that one of the Yulleroo wells was leaking a significant amount of gas.

    DMP Petroleum Division Executive Director Jeff Haworth stated:

    No gas readings were detected on the site initially. The inspection revealed there is some physical damage to a valve stem, which has been bent, and is the cause of a minor gas leak.

    Low level gas readings were detected around the well when the damaged valve was manipulated. The minor gas leak poses minimal risk and the valve will be repaired as quickly as possible.

    Click here for the full Buru Energy Ltd. (ASX:BRU) press release

    asx:bru
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