Australia: Buru spuds Currajong 1 - first well in 2021 Canning Basin exploration program 02 Jul 2021 Targeting mean prospective resources of 28 million barrels Expected total depth of 2,300 metres with drilling completion in late July to early August Currajong-1 to be followed by Rafael-1 conventional oil exploration well Currajong-1 Currajong- 1 exploration well was spudded at 10:00 hours on Thursday, 1 July 2021. Currajong-1 is located some 30 kms to the west of the Ungani Oilfield and some 70 kms east of Broome. The well is in Exploration Permit 391 in the Canning Basin in northwest Western Australia. The Currajong-1 exploration well is being drilled on a large structurethat is well defined by 3D seismic. The structure has a vertical closure of over 200 metres and is fault bounded with two way dip closure.It is expected to have similar good quality reservoirand oil propertiesto the Ungani Oilfield and is at similar depths.