Blue Energy Ltd
Blue Energy Limited is an Australia-based oil and gas exploration company.
The business
Blue Energy Limited is an Australia-based oil and gas exploration company. The Company is engaged in the exploration, evaluation and development of conventional and unconventional oil and gas resources. Its geographical segment is Australia, which includes Queensland and the Northern Territory. The Company’s projects include Bowen Basin (ATP 814P), Surat Basin (ATP 854P) and Greater McArthur Basin (EP199A, EP200, EP205A, EP206, EP207, EP208A, EP209A, EP210A, EP211A). ATP814P consists of six disconnected blocks in the North Bowen Basin in an area ranging from south of Moranbah up to Newlands in the Northern Bowen Basin. The Sapphire Pilot is situated within the PL 1034 production license application area, (part of ATP 814). ATP854P is located near the township of Injune in central Queensland and the Wallumbilla - Gladstone gas pipeline passes through the eastern portion of the permit. The gas resource is located near the heart of the CSG-LNG Surat Basin gas supply precinct.
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Latest news
Blue Energy Advances Sapphire Development and Awaits Key Tenure Decisions as Gas Role Strengthens
BLU eyes Sapphire progress as environmental approvals advance, a new appraisal well planned, and potential Moranbah gas link; Queensland PCA decisions loom.
Blue Energy Well Placed for Growing Queensland Gas Opportunities after Successful September Quarter
A string of successes in recent months has positioned Blue Energy (ASX: BLU) to support Queensland's new Energy Road Map, targeting increased capacity of gas and electricity generation between now and 2040.
Blue Energy’s Oversubscribed SPP a Sign of Investor Confidence in Gas Future
Blue Energy’s (ASX: BLU) run of success with its northern Australia gas developments has helped its share purchase plan (SPP) finish heavily oversubscribed. Blue’s board elected to increase the SPP from its initial target of $250,000 after receiving significant interest from retail shareholders, and the plan eventually brought in $2.6 million. The outstanding response to the […]
Blue Energy Raising $3.2m to Drill New Sapphire Gas Well in Queensland
Blue Energy (ASX: BLU) has received firm commitments for the first stage of a $3.2 million placement to support the drilling of a new well at its Sapphire project in Queensland’s North Bowen Basin to enhance gas supplies on Australia’s east coast. The company is conducting the placement in two tranches via the issue of […]
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