Tag: BLU
Blue Energy to spud first lateral well of Sapphire Block gas appraisal program
Blue Energy’s (ASX: BLU) appraisal program at the Sapphire Block within ATP 814 has moved to the first lateral well, Sapphire 5L1, of the campaign.
This follows the second well of the program, Sapp...
Blue Energy raises $20m to accelerate work at ATP 814 gas field
Emerging gas producer Blue Energy (ASX: BLU) has raised $20 million in a “strongly supported” placement to institutional and sophisticated investors to fund additional appraisal drilling at its ATP 81...
Blue Energy spuds second well in Sapphire Block appraisal program
After hitting 45m of net coal in its first well, Blue Energy (ASX: BLU) has spudded the second well of its pilot appraisal program at the Sapphire Block of ATP 814 in Queensland’s north Bowen basin.
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Blue Energy debuts 98% increase to 2C gas resources at Sapphire Block
Blue Energy (ASX: BLU) has debuted a 98% increase to the Sapphire Block’s 2C gas resources, within its wider ATP 814 field, after announcing it had spudded the Sapphire 5V well earlier this week.
I...
Blue Energy well appraisal program underway, with first well spudded today at Sapphire Block
Blue Energy (ASX: BLU) is poised to spud Sapphire 5V, which is the first well of its appraisal program at the Sapphire Block in its ATP 814 permit in Queensland’s north Bowen Basin.
The company exp...
Blue Energy closer to gas well appraisal drilling at Sapphire Block as east coast energy supply crisis intensifies
As Australia’s east coast energy supply crisis intensifies, Blue Energy (ASX: BLU) has completed civil works for its natural gas well appraisal drilling program at the Sapphire Block within ATP 814 in...
Blue Energy to begin well appraisal drilling at ATP 814 next month
Blue Energy (ASX: BLU) expects to kick-off a well appraisal drilling program by late June at its ATP 814 permit in Queensland’s North Bowen Basin.
The company’s contractor Silver City Drilling is a...
Oil and gas rush speeds-up as prices surge
A promising gas discovery revived interest in Buru Energy (ASX: BRU) earlier this week – delivering a 30% share-price rise in the latest example of investors returning to the politically incorrect oil...
Blue Energy readies for 2022 drilling program in Bowen Basin amid global gas supply concerns
With domestic supply agreements locked-in and gas resources ready to develop, Blue Energy (ASX: BLU) is preparing for its 2022 drilling program which is due to start in June.
The company’s upcoming...
Blue Energy boosts Surat Basin gas resource by 300%
Aspiring gas producer Blue Energy (ASX: BLU) has announced it has quadrupled the recoverable gas resource estimate for its wholly-owned permit ATP 854 in Queensland’s Surat Basin.
The company today...
Blue Energy welcomes government endorsement of gas pipeline from Moranbah to east coast market
Blue Energy (ASX: BLU) has welcomed a government concept study that endorses a gas pipeline from Moranbah in Queensland to the east coast interconnect and development of the Bowen Basin gas province.
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Blue Energy supports government’s Northern Australia gas supply plan
Aspiring gas producer Blue Energy (ASX: BLU) has announced its support of the federal government’s National Gas Infrastructure Plan (NGIP) for new gas supply from basins in Queensland and the Northern...
Natural gas prices surge as demand rises in anticipation of northern winter
Natural gas prices are soaring as the northern hemisphere begins to prepare for a very cold winter, all the while focused on a post-COVID-19 recovery, and as economies steer away from coal and aim to ...
Blue Energy raises $10 million for North Bowen Basin gas drilling
Blue Energy (ASX: BLU) has raised $10 million through a strongly supported share placement to fund a drilling program aimed at building gas reserves at its North Bowen Basin project in Queensland.
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Blue Energy continues focus on long-term gas supply agreements, as Bowen pipeline study progresses
Aspiring gas producer Blue Energy (ASX: BLU) has continued to focus on locking in long-term supply agreements for its proposed output from its acreage in Queensland’s North Bowen Basin.
The company...
Blue Energy to supply hydrogen to Stanmore Resources by converting pilot gas
Aspiring gas producer Blue Energy (ASX: BLU) has advanced hydrogen plans after executing a memorandum of understanding with Stanmore Resources (ASX: SMR).
Blue is evaluating the potential of conver...
Bowen Basin gas assets set to shape Blue Energy into major producer
Northern Australia gas play Blue Energy (ASX: BLU) is poised to become a major supplier to the east coast gas market thanks to its significant resource in the Bowen Basin, according to a new research ...
Blue Energy inks second gas supply deal to underpin North Bowen pipeline
Queensland and Northern Territory gas player Blue Energy (ASX: BLU) has signed a non-binding heads of agreement with Origin Energy (ASX: ORG) to supply 300 petajoules (PJ) of gas over 10 years, the se...
Blue Energy seeks more gas contracts as progress continues on proposed new pipeline
Gas play Blue Energy (ASX: BLU) heads into a new year looking to sign up more gas sales contracts for its Queensland acreage as well as reactivating its Northern Territory exploration.
Highlighted ...
Blue Energy gets first deal to underpin proposed North Bowen gas pipeline
Queensland and Northern Territory gas play Blue Energy (ASX: BLU) has signed a non-binding agreement with electricity and gas supply giant EnergyAustralia lays the groundwork for a proposed pipeline t...
Blue Energy to capture and sell coal mine gas to lower emissions, increase mine safety
Blue Energy (ASX: BLU) has executed a non-binding memorandum of understanding to capture fugitive mine gas from the proposed Isaac Plains underground coal mine in the North Bowen Basin.
The MOU wit...