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