Welcome to Burleson Energy Limited

Burleson Energy (ASX: BUR) is an Australian publicly-listed gas and condensate exploration and production company, with projects onshore Texas.

Assets
• Quality aligned US partners
• Onshore focus – Colorado County, Texas
• Acreage covered by new 3D seismic
• Conventional reservoirs (Wilcox sandstone)
• Low-cost vertical wells
• 36-50% interest in 26,000 acres

• Two fields on production:  

- Heintschel (38% WI)     

  • Independent reserves audit completed
  • 2.9mmboe net to BUR's WI
  • Horizontal well Truchard #2H (50% WI) spudded in June 2012 

- Joann (39.4% WI)

  • Single well field, rich in condensate
 
Numerous exploration prospects
83% exploration drilling success rate since 2006

Key upcoming plans
- Heintschel field development plan

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