Company Profile

Blue Energy is an Australian oil and gas exploration company, with abundant assets in proven and emerging frontiers, throughout Queensland and the Northern Territory.

With a focus on attaining quality basin positions, Blue has the vision to be Australia’s leadinG mid-sized oil and gas exploration company.

 

Blu Chairman and MD

 Prime basins

Quality positioning

Dominant holdings

Emerging oil provinces - frontier basins

Positioned for East Coast and export LNG growth

 

2013 ACHIEVEMENTS

2014 GOALS

  • Doubled acreage position to 110,000km2 (27.4 millions acres) net to Blue
  • Re-aligned strategy to conserve cash while adding shareholder value
  • Continued gas flow from Sapphire Block
  • Maiden 2P reserves of 50PJ
  • 6 years LTI free
  • Increased 3P reserves by 150% to 187PJ
  • Increased contingent resouce by 23% to 3,516PJ
  • Strengthened relationships with Government and Landowners
  • Reduced annual run rate by $2.7 million
  • Zero environmental incidents
  • Identified significant oil prospect in ATP854P
  • Re-assess tenure priorities based on prospectivity
  • Work program in ATP813P to expand contingent resource
  • Conduct Native Title negotiations on outstanding permits
  • Zero lost time injuries
  • Zero environmental incidents
  • Investigate further farmout opportunities