Buru Energy Management

Management criteria checks 1/4

Buru Energy's CEO is Thomas Nador, appointed in Sep 2022, has a tenure of 1.67 years. total yearly compensation is A$755.62K, comprised of 64.1% salary and 35.9% bonuses, including company stock and options. directly owns 0.045% of the company’s shares, worth A$28.50K. The average tenure of the management team and the board of directors is 1 years and 6.5 years respectively.

Key information

Thomas Nador

Chief executive officer

AU$755.6k

Total compensation

CEO salary percentage	64.1%
CEO tenure	1.7yrs
CEO ownership	0.04%
Management average tenure	less than a year
Board average tenure	6.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Thomas Nador's remuneration changed compared to Buru Energy's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	AU$756k	AU$485k	-AU$5m
Sep 30 2023	n/a	n/a	-AU$17m
Jun 30 2023	n/a	n/a	-AU$29m
Mar 31 2023	n/a	n/a	-AU$31m
Dec 31 2022	AU$437k	AU$169k	-AU$33m

Compensation vs Market: Thomas's total compensation ($USD499.02K) is above average for companies of similar size in the Australian market ($USD297.80K).

Compensation vs Earnings: Thomas's compensation has increased whilst the company is unprofitable.

CEO

Thomas Nador

1.7yrs

Tenure

AU$755,619

Compensation

Mr. Thomas Z. Nador serves as Chief Executive Officer at Buru Energy Limited since September 01, 2022. He served as Group of Executive Development at Beach Energy Limited until 2022. Mr. Nador was an Execu...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Thomas Nador	Chief Executive Officer	1.7yrs	AU$755.62k	0.045% A$ 28.5k
Paul Bird	CFO & Company Secretary	1.6yrs	AU$373.15k	no data
Grant McMurtrie	General Manager of Exploration	less than a year	no data	no data
Rosie Johnstone	Head of CCS Solutions	less than a year	no data	no data

1.0yrs

Average Tenure

Experienced Management: BRU's management team is not considered experienced ( 1 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Eric Streitberg	Non-Executive Chairman	15.6yrs	AU$166.13k	3.23% A$ 2.1m
Robert Willes	Independent Non-Executive Director	9.8yrs	AU$130.69k	0.046% A$ 29.5k
Joanne Williams	Independent Non-Executive Director	3.3yrs	AU$122.71k	no data
Malcolm King	Independent Non-Executive Director	3.3yrs	AU$130.69k	0.018% A$ 11.5k

6.5yrs

Average Tenure

Experienced Board: BRU's board of directors are considered experienced (6.5 years average tenure).

Buru Energy Management

Management criteria checks 1/4

Key information

Recent management updates

Buru Energy Limited, Annual General Meeting, May 30, 2024

Insufficient new directors

Buru Energy Limited Announces Change of Company Secretary

Buru Energy Limited Announces the Appointment of Paul Bird as Chief Financial Officer, Effective 10 October 2022

Buru Energy Limited Announces Chief Financial Officer Change

Buru Energy Limited Appoints Thomas Nador as Chief Executive Officer

Recent updates

Buru Energy Limited, Annual General Meeting, May 30, 2024

Full year 2023 earnings released: AU$0.008 loss per share (vs AU$0.057 loss in FY 2022)

Insufficient new directors

Buru Energy Limited has completed a Follow-on Equity Offering in the amount of AUD 3.679229 million.

Buru Energy Limited has completed a Follow-on Equity Offering in the amount of AUD 3.68 million.

New minor risk - Share price stability

New minor risk - Shareholder dilution

Buru Energy Limited has filed a Follow-on Equity Offering in the amount of AUD 4.980501 million.

Buru Energy Limited has filed a Follow-on Equity Offering in the amount of AUD 4.980501 million.

First half 2023 earnings released: AU$0.01 loss per share (vs AU$0.017 loss in 1H 2022)

New major risk - Financial position

Energy Resources Ltd acquired remaining 25% interest in Onshore Carnarvon Basin of Western Australia from Buru Energy Limited (ASX:BRU) for AUD 5 million.

Buru Energy Provides Update in Relation to the Restart of Production from the Ungani Oilfield

Buru Energy Limited (ASX:BRU) agreed to acquire remaining 50% interest in EP 428, EP 129, EP 391, EP 431 and EP436 from Origin Energy West Pty Ltd for AUD 34 million.

Buru Energy Limited (ASX:BRU) agreed to acquire remaining 50% interest in EP 428, EP 129, EP 391, EP 431 and EP436 from Origin Energy West Pty Ltd for AUD 34 million.

Buru Energy Limited Successful Applicant for Two Exploration Areas in the Onshore Carnarvon Basin

Buru Energy Limited Announces Suspension of Operations

Buru Energy Limited Provides an Update on the Status of its Commonwealth Government Grant Application to Support its Carbon Capture and Storage Feasibility Study in the Onshore Carnarvon Basin

Buru Energy Limited Announces Change of Company Secretary

Buru Energy Limited Announces the Appointment of Paul Bird as Chief Financial Officer, Effective 10 October 2022

First half 2022 earnings released: AU$0.017 loss per share (vs AU$0.014 loss in 1H 2021)

Buru Energy Limited Announces Chief Financial Officer Change

Buru Energy Limited (Buru) Advises Latest Lifting of Ungani Crude Oil from Wyndham Port Will Commence on 30 June 2022

Buru Energy Limited Appoints Thomas Nador as Chief Executive Officer

Buru Energy Limited Announces Independent Certification of the Resources of the Rafael Conventional Wet Gas Discovery in the Canning Basin of Northwest Western Australia

Buru Energy Limited, Annual General Meeting, May 19, 2022

Buru Energy Limited Announces Update on Rafael Flow Testing Operations

Buru Energy Limited Announces Rafael Testing Program Update

Buru Energy Limited Announces operations Update

Buru Energy Limited Provides Update on its Canning Basin Well Operations

Buru Energy Limited Provides Operations Update

Buru Energy Limited Spuds Ungani 8H Development Well

Buru Energy Limited Announces Operations Update

Buru Energy Limited Provides the Update on Canning Basin Rafael 1 Well Drilling Operations

First half 2021 earnings released: AU$0.014 loss per share (vs AU$0.053 loss in 1H 2020)

Buru Energy Limited Spuds Rafael 1 - High Upside Oil Exploration Well

Buru Energy Limited Spuds Currajong 1 - First Well in 2021 Drilling Program

Buru Energy Limited Announces Operations Update

Buru Energy Limited Provides Update on Canning Basin Exploration Program

Buru Energy Limited Announces the Commencement of Drilling Rig Mobilisation

Buru Energy Limited Announces Drilling Program Update

Buru Energy Limited Commences Major Canning Basin Exploration Drilling Program

Independent Non-Executive Director has left the company

Buru Energy Limited announced that it has received AUD 15 million in funding

Buru Energy Limited announced that it expects to receive AUD 15 million in funding

Independent Non-Executive Director has left the company

Full year 2020 earnings released

Buru Energy Limited Announces the Appointment of Three Independent Non-Executive Directors

Buru Energy Limited Enters into Farm-Out Transaction with the Origin Energy Group for Canning Basin-Wide Exploration Program

Buru Energy Limited Signs Marketing Agreement with BP Singapore Pte Limited

Buru Energy Limited Provides Operation Update

First half earnings released

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure