ANNOUNCEMENTS

Key Highlights Blue awarded four Potential Commercial Area tenures: PCA’s 180, 181, 182 and 183 by the Queensland Government covering ATP 854 in the Surat Basin area of Queensland. Blue holds 100% equity in ATP 854 and the PCA’s. Blue continues mapping out the Deep Permian potential of ATP 854 following the early-stage success of…

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…