BLU
Director Trades
| Date | Director | Value |
|---|
Company News
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. […]
Blue Energy Targets New Licences as East Coast Gas Supply Crisis Looms
Blue Energy (ASX: BLU) is preparing to appraise two newly granted potential commercial area (PCA) gas licences as it ramps up efforts to supply the energy-hungry east coast market. Earlier this month the company was awarded PCAs 336 and 337 and had its ATP 814 exploration permit renewed for a further term, with each an […]
Blue Energy to Advance Bowen Basin Gas Projects with New PCA Licences at ATP 814
Blue Energy (ASX: BLU) is set to accelerate work within its Bowen Basin gas assets after receiving key new development licences from the Queensland government. Following its significant progress in delineating a resource to potentially supply a critical new energy source to the east coast and overcoming a significant legal battle, Blue has been awarded […]
Blue Energy ready to fast-track Sapphire gas project after favourable Queensland court ruling
Blue Energy (ASX: BLU) is preparing to accelerate development of its Sapphire gas project after its recent court victory in Queensland. The Land Court of Queensland, as part of its decision on the legal matter impacting the Sapphire development, granted Blue Energy subsidiary Eureka Petroleum an amended Environmental Authority (EA) over the PL 1034 production […]
Blue Energy granted go-ahead for Sapphire gas developments in Queensland
Blue Energy’s (ASX: BLU) long-running legal battle to progress its large Sapphire gas development in Queensland’s Bowen Basin appears to have finally been resolved. In a case that had been ongoing since July 2023, the Land Court of Queensland (LCQ) has decided to grant an amended environmental authority (EA) to Blue Energy subsidiary Eureka Petroleum […]
Blue Energy brings Sapphire 5 and 6 pilot gas wells back online after production issues
Gas developer Blue Energy (ASX: BLU) has successfully brought its Sapphire 5 and 6 lateral pilot wells back online after they were impacted by mechanical issues. Surface facility maintenance issues involving generators had interrupted production testing of the pilot wells. Field staff have begun dewatering the wells following these interruptions and they continue to produce […]
Blue Energy to benefit as new NT government prioritises Beetaloo gas development
Blue Energy (ASX: BLU) is among a group of Australian gas companies buoyed by the newly elected Northern Territory government’s commitment to developing its world-class Beetaloo sub-basin. Newly appointed NT Minister for Mining and Energy Gerard Maley said the development of the Beetaloo sub-basin was an urgent government priority, noting it would create jobs, attract […]
Blue Energy boosts gas flow at Sapphire with early success in pilot testing program
Blue Energy (ASX: BLU) has achieved early success with its plans to increase gas flow rates at its Sapphire pilot testing program in Queensland’s North Bowen Basin. After identifying an opportunity to overcome technical issues at the project, Blue is currently undertaking Sapphire 5/6 pilot production testing operations. To date, the pilot wells are continuing […]
Company Videos
Blue Energy closes in on Queensland gas breakthrough
Blue Energy shores-up Sapphire block gas reserves to underpin major supply agreements
Blue Energy moves closer to powering east coast from North Bowen Basin gas permit
The coming energy crisis in Australia: what it means for oil and gas stocks
