March 2024 Quarterly Activities and Cash Flow Report

Key Highlights

  • Closing cash balance $5.4m
  • Sapphire 5 lateral pilot wells reinstated, aggregate gas flow rate increased to 0.12TJ/day
  • QPM confirmed intention to take gas Blue makes available for delivery to MGP as per 2023 MOU
  • Awaiting outcome of application for QLD Government’s Frontier Gas Exploration $21 million Grants Program
  • Geoscience Australia regional raw 2D seismic data shot over EP200 & 207 acquired and is being independently assessed
  • EDO and Land Court matter on-going: provision of information and assessment of expert witnesses

Please click the following link to download the full report:

March 2024 Quarterly Activities & Cash Flow Report