Posts by Amiee Lupton

KEY HIGHLIGHTS Progressing environmental data acquisition to meet Environmental Authority requirements for PL 1034 (Sapphire) development In parallel, planning is underway for a new well in PL 1034. Blue has 91 PJ of 2P Gas Reserves+ and 1,617 PJ of 2C Gas Resources+ (2P+2C = 1,708 PJ) Blue has $4.97 million of cash and zero…

KEY HIGHLIGHTS PL 1034 Granted – The Department of Natural Resources, Mines, Manufacturing and Regional and Rural Development granted Petroleum Lease (PL) 1034 over the Sapphire Block on 5th September Capital Raise – 2 Tranche Placement and SPP –successfully conducted. Placements raised $ 3.2 million (excl fees) and the SPP raised a further $2.6 million…