BLUE ENERGY ORD
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 […]
Blue Energy Restarts Sapphire Gas Production as Petroleum Lease Discussions Continue
Blue Energy (ASX: BLU) has successfully reinstated production at its Sapphire coal seam gas (CSG) pilot program in Queensland’s Bowen Basin. The Sapphire 6V well was offline during the June quarter after experiencing mechanical issues, including a down-hole pump blockage and a surface pump unit oil cooling fan failure, causing a halt in gas production. […]