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Buru Energy (Buru Energy) Allowance For Loans And Lease Losses


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What is Buru Energy Allowance For Loans And Lease Losses?

Allowance For Loans And Lease Losses only applies to banks.


Buru Energy (Buru Energy) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Buru Energy Ltd (OTCPK:BRNGF) » Definitions » Allowance For Loans And Lease Losses
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Address
16 Ord Street, Level 2, West Perth, WA, AUS, 6005
Buru Energy Ltd is engaged in oil and gas exploration and production in the Canning Basin in the northwest of Western Australia. The group is divided into two reportable segments: Oil Production segment which includes development and production of the Ungani Oilfield. Exploration segment, the exploration program is focused on prospects along the Ungani oil trend, the Yulleroo area where gas resources have been identified in the Laurel Formation, the Lennard Shelf area including the shut-in Blina and Sundown Oilfields. The other segment is the Energy Transition segment.