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Additional information
Additional Information
Market: ASX
Sector: Oil and Gas Exploration and Production
Epic: BUL
News: Latest news
Web Site: Blue Energy
Other Articles: 12-08-201006-08-201022-07-2010

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Thursday September 09, 04:08Amphion’s Unique Approach to Innovation

Investors in Amphion should should keep an eye on further developments at Kromek. The business could be floated during Q1 2011, at which point Amphion’s 16% stake should be worth far more than the last valuation of £9m.

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Thursday September 09, 04:51Enbridge invests up to $24m in U.S. Geothermal's Neal Hot Springs project in Oregon

"This investment is our initial entry into geothermal energy, which we think has an important role to play in North America's shift toward a greener energy production mix," said Enbridge president and CEO Patrick D. Daniel.

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Wednesday September 08, 05:12MetroCoal re-affirms Columboola coal Resource yet to be completed

Emerging coal-focused energy company MetroCoal (ASX: MTE) has clarified that it has not completed any resource estimate or report on its Columboola Project area in Queensland's Surat Basin.

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Blue Energy

Blue Energy

Blue Energy is a rapidly evolving energy exploration company strategically positioned with abundant coal seam gas (CSG) assets throughout Queensland to meet the rising demand for cleaner power. Blue Energy has a vision to be Australia’s leading mid-sized coal seam gas exploration and production company with gas reserves in excess of 1 trillion cubic feet of gas within five years.

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Friday, January 15, 2010

Blue Energy provides update on drilling activities

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Brisbane-based energy exploration company Blue Energy (ASX: BUL) is pleased has updated the market in its drilling activities in the Bowen and Galilee Basins of Queensland.

The Monslatt 3 core well within the Bowen Basin is at a depth of 311 metres and drilling ahead toward intermediate casing point, with the company expecting the well to commence coring operations in the prospective coal sequence this Sunday.

As previously reported Monslatt 3 is located 1.5km from Monslatt 1A and has been positioned to allow a production pilot well to be located in between the Monslatt 1A and 3 wells.

Within the Galilee Basin, the Lucas- Mitchell Rig 180 is preparing to commence the rig move from the Kanaka 1 well to the Stainburn Downs 1 location, approximately 15 km south of the Kanaka 1 location.

Stainburn Downs 1 is a coal seam gas core well designed to evaluate the Permian aged Betts Creek Formation and Aramac Coal Measures. Due to the heavy rainfall in the area over Christmas and New Year, general access to the both locations has been difficult, however conditions have now improved to the extent that resumption of operations is possible. It is expected that Stainburn Downs 1 will spud early next week.

Blue Energy has developed an extensive CSG exploration portfolio, with an asset base of eight CSG operated petroleum exploration permits. The company also has interests in conventional assets in the Cooper/Eromanga Basin as well as offshore Papua New Guinea.

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