Buru refers the Rafael Project to the EPA WA

• Buru has submitted the Rafael Project to EPA WA for assessment
• The project aims to establish a local energy source in the Kimberley region
• EPA WA decision expected by year-end 2026
• No significant environmental impacts identified

Buru Energy Limited (ASX: BRU) has formally submitted its Rafael Conventional Gas Project to the Environmental Protection Authority of Western Australia (EPA WA) under Part IV of the Environmental Protection Act 1986. The Rafael Project, Buru's 100% owned asset, is the only proven conventional gas and liquids resource in the greater Kimberley region, offering a compelling opportunity to establish a new local energy source. The project's development concept is designed to generate long-term cash flow, reduce reliance on imported energy, and provide a platform for Buru's future growth. The EPA WA will decide whether to assess the project following the public comment period. Buru conducted extensive studies and surveys, finding no significant environmental impacts. Subject to regulatory approvals, this submission is a significant step towards a Final Investment Decision in the second half of 2027 and first gas production in early 2029.

Buru aims to reach a Final Investment Decision in 2H 2027 and begin gas production in early 2029.