Thomas Nador
Chief Executive Officer
Okay. Once again, greetings, and welcome to the investor webinar for Buru Energy. My name is Thomas Nador, and I’m very pleased to be speaking with you depending on your time zone, whether it’s in a.m. or p.m., but I’ve been looking forward to sharing an update with you on the progress of our Rafael Gas project and provide some added detail and definition around the recent ASX releases we’ve made to the market relating to the project itself.
We do have a disclaimer, a standard disclaimer. I encourage you to read that at your own leisure. In particular, it refers to 3 quite pertinent ASX releases we’ve made to the market in 2024, 2025 that relates to the statements we are making today regarding resources.
I would like to start by sharing with you some key messages. So there is absolute clarity on the call as to what we are trying to get off the ground here at Buru Energy and why I firmly believe that Buru Energy is a very good investment proposition.
We do have a discovery called Rafael. For those of you that are new to Buru, Rafael Gas was discovered in 2023. And we are busily going about commercializing that gas and condensate discovery. It has the potential to transform the company.
Secondly, it has been independently certified as a contingent resource. And we have, since then, done some internal work as well that gives us confidence that the resource is there between 85 and 523 Bcf of gas and between 1.8 million and 10.8 million barrels of liquids.
There is a market that’s available to us up in the Kimberley region of Western Australia, but
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