Buru Energy Ltd. provides the following weekly update on drilling operations at the Commodore 1 well in exploration permit EP 390 in the Canning Basin, Western Australia as at 06:00 hours, Dec. 4 (AWST). Since the last progress report, 7 inch (178 millimeter) casing has been run and cemented to 475 meters and the well has been drilled ahead in 6.125 inch (156 millimeter) hole to the sectional total depth of 3,773 feet (1,150 meters).

No hydrocarbon indications have been observed in cutting samples or mudlogs in the Lower Grant Formation. Acquisition of open-hole wireline logs are acquired, 5 inch (127 millimeter) casing will be run and cemented and coring operations will commence in 3.8 inch (96 millimeter) hole through the deeper Nita Carbonates objective to the planned total depth of 5,085 feet (1,550 meters).

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