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- Australian oil and gas explorer Buru Energy (BRU) has halted coil tubing operations at a well within the Ungani oilfield
- The filed is located 90 kilometres east of Broome and is operated as a 50-50 joint venture between Buru and Roc Oil
- Buru reported that after experiencing issues with the shoe track and removing it, the coil drilling assembly became stuck
- Operations at the well have now been suspended and equipment demobilised while other options are considered
- Meanwhile, workers on the operation are being taken off the job to align with COVID-19 travel protocol
- Shares in Buru are down 24.4 per cent and trading for 6.2 cents apiece
Australian oil and gas explorer Buru Energy (BRU) has halted coil tubing operations at a well within the Ungani oilfield.
The filed is located 90 kilometres east of Broome and is operated as a 50:50 joint venture between Buru and Roc Oil.
Buru reported today that, after experiencing issues with the shoe track and removing it from the Ungani 6H/ST1 well, the coil drilling assembly became stuck.
Last week, the company said operations had gone ahead without significant incident but that there had been some delays due to mechanical issues with the Halliburton coil tubing unit and associated equipment.
Now, the shoe track has been milled out but operations have come to a halt while other options are considered for removing the stuck sting.
Meanwhile, all equipment and workers on the operations are being demobilised to align with COVID-19 travel protocol.
Shares in Buru are down 24.4 per cent and trading for 6.2 cents apiece at 2:25 pm AEDT.
