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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 22, 2010

Blue Energy provides an update on Queensland drilling activities

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

In a statement, the company announced the Monslatt 3 core well is at a depth of 546 metres and coring ahead in the primary objective Moranbah Coal Measures having set intermediate casing at 329 metres.

Chief Executive John Phillips said the well had intersected a total net coal thickness of 12 metres with initial field gas content up to 11 m3/tonne, with a proposed total depth of about 900 metres.

Meanwhile, the Lucas- Mitchell Rig 180 spudded the Stainburn Downs 1 corehole on 19 January 2010.

The well is currently at a depth of 908 metres and drilling ahead in the Triassic Rewan Formation toward an intermediate casing point of approximately 940 metres. Coring operations through the Permian Betts Creek Formation target will commence after intermediate casing has been set (expected late Sunday). Total depth for the well is expected to be approximately 1,220 metres.

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