Buru Energy announced financial results for the half-year ended June 30, 2022.

Gas flow rates of up to 7.6 mmscfd.

Ideal gas composition with measured condensate content of ~40 barrels per mmscf of gas and low levels of inerts in the gas.

Initial reservoir pressure of ~6,200 psi, with no observed pressure depletion during the test flow.

No reservoir boundaries seen during the test flow.

No evidence of produced formation water.

Confirmation of reservoir pressures significantly above regional hydrostatic gradients implying a substantially larger gas column than that seen at the well.

Following the announcement the company?s share price rose 6.250%.