Description
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.
Share Price
In-depth Blue Energy Proactive Investors Articles
More news ►Recent Blue Energy news
- 16/03/2010 Blue Energy and Korea's KOGAS ink LNG joint venture
- 15/03/2010 Blue Energy establishes initial resource at Monslatt Project
- 11/03/2010 Blue Energy to optimise drill rig movements
- 25/02/2010 Blue Energy board approves Monslatt Appraisal Program
- 01/02/2010 Blue Energy excited by high gas content in ATP814P
Presentations & Company Media
Related Research & Media
No Documents available.
Company Statement:
A vision underpinned by Queensland Government policy, Australia’s move to a cleaner, more efficient fuel source and the advent of a national carbon trading scheme.
Since listing on the ASX in June 2006, Blue Energy has worked hard to establish a solid operational foundation with an experienced board and technical team. We believe our teams experience and skills have the ability to enable Blue Energy as one of the leaders in our industry. Given the experience and knowledge base our team posses, it holds Blue Energy in high regard to effectively execute its exploration strategy.
Blue Energy’s exploration focus is to leverage from the attractive geology and location of its majority-owned and operated CSG assets.
Some highlights of the past financial year demonstrate the heightened level of activity in the Company;
* The successful drilling of 8 exploration wells across 5 of its 100% owned coal seam
gas tenements.
* The successful drilling and completion of a pilot test well currently under production
test in ATP854P.
* The successful acquisition of over 300km’s of 2D seismic over 5 permits.
* An Alliance Agreement for development with Stanwell Corporation.
* The completion of Gas In Place estimates across our entire acreage portfolio.
Current Operations:
CSG ASSETS
Galilee Basin ATP 813P (Read More)
| AREA: | 6,185 km² |
| HOLDING: | 100%, 12 years |
| POTENTIAL: | Current Gas In Place estimates 15,250 Bscf (P50) |
| COAL SEAMS: | Aramac Coal measures, Betts Creek |
| EXISTING DATA: | Rodney Creek wells, Lake Galilee 1, Splitters Creek 1 and Thunderbold 1 |
| INFRASTRUCTURE: | 70km from the Barcaldine power station |
| WORK COMMITMENT: | Exploration, production test and seismic program |
| OPERATOR: | Blue Energy Limited |
Bowen Basin ATP 814P (Read More)
| AREA: | 3,343 km² |
| HOLDING: | 100%, 12 years |
| POTENTIAL: | Current Gas In Place estimates 3,678 Bscf (P50) |
| COAL SEAMS: | Rangal coal measures, Moranbah coal measures |
| EXISTING DATA: | Several CSG wells within the area, data sharing with BHP, 30,000 coal core holes |
| INFRASTRUCTURE: | Transport to Townsville and Gladstone via gas pipeline within 20km |
| WORK COMMITMENT: | Drilling and seismic program |
| OPERATOR: | Blue Energy Limited |
Surat Basin ATP 854P (Read More)
| AREA: | 1,264 km² |
| HOLDING: | 100%, 12 years |
| POTENTIAL: | Current Gas In Place estimates 599 Bscf (P50) |
| COAL SEAMS: | Permian Bandanna Coal measures |
| EXISTING DATA: | Several CSG and Petroleum wells within the area |
| INFRASTRUCTURE: | Close to main pipeline |
| WORK COMMITMENT: | Initial drilling program complete & production testing planned |
| OPERATOR: | Blue Energy Limited |
Surat Basin ATP 817P (Read More)
| AREA: | 6,549 km² |
| HOLDING: | 100%, 12 years |
| POTENTIAL: | Current Gas In Place estimates 1,318 Bscf (P50) |
| COAL SEAMS: | Bandanna Coal measures |
| EXISTING DATA: | Coals range from 5m. Seismic and drill holes in site |
| INFRASTRUCTURE: | Pipeline within 5km |
| WORK COMMITMENT: | 1 stratigraphic and 2 core holes completed |
| OPERATOR: | Blue Energy Limited |
| AREA: | 2,346 km² |
| HOLDING: | 100%, 12 years |
| POTENTIAL: | Current Gas In Place estimates 223 Bscf (P50) |
| COAL SEAMS: | Walloon Coal measures |
| EXISTING DATA: | 10m - 20m known volume of Walloon coals; gas in tenements; existing wells |
| INFRASTRUCTURE: | Gas pipeline withing 10kms. Electricity production for northern NSW market achievable from southern block |
| WORK COMMITMENT: | Results analysis of completed core well and seismic |
| OPERATOR: | Blue Energy Limited |
Surat Basin ATP 896P (Read More)
| AREA: | 1,141 km² |
| HOLDING: | 100%, 12 years |
| POTENTIAL: | Current Gas In Place estimates 216 Bscf (P50) |
| COAL SEAMS: | Walloon Coal Measures |
| EXISTING DATA: | Several CSG wells within the area |
| INFRASTRUCTURE: | Close to main pipeline |
| WORK COMMITMENT: | G&G and drilling planned |
| OPERATOR: | Blue Energy Limited |
CONVENTIONAL OIL & GAS
AUSTRALIAN CONVENTIONAL PORTFOLIO
Blue Energy is awaiting final award of its four conventional permits within Queensland which are located near the north-western boundary of the Cooper Basin within the Eromanga Basin. Preliminary geological mapping and review work continued on these properties which are the subject of Native Title negotiations. Native Title claim negotiations continued during the year and will be finalised prior to the formal granting of the Applications by the Queensland.
ATPs 656A, 657A, 658A and 660A are all on or close to migration pathways, out of the Cooper Basin, of the oil found at the Inland Oil Field. Successful wells are already located where structural and other geological trends encounter above-average permeability. (Read More)
Management
For more information on Blue Energy's directors click here
Peter Cockcroft – Executive Chairman
Brian McGillivray - Company Secretary & Executive Director
Stephen Harrison – Non Executive Director
Dr Paul Massarotto - Non-Executive Director
Garry Button - Non-Executive Director
Peter Flanagan - Non-Executive Director
Stuart Owen – Chief Financial Officer
John Phillips - Chief Operating Officer
Mike Swift – Exploration Manager
James van Rooyen – Drilling and Completions Manager
For more information on Blue Energy's directors click here
Major Shareholders
For investor information click here
Contact Information
Suite 15A
421 Brunswick Street
Fortitude Valley QLD 4006
Ph: +61 7 3332 8800
Fax: +61 7 3332 8866
info@blueenergy.com.au
Corporate Information
No info available.
Investors interested in Blue Energy recently viewed:
- Ascent Resources (AIM: AST)
- Aurelian Oil & Gas (AIM: AUL)
- AusTex Oil (ASX: .AOK)
- Caza Oil & Gas (AIM: CAZA)
- Dominion Petroleum (AIM: DPL)
- Dragon Oil (LSE / ISE: DGO)
- Elixir Petroleum (ASX: .EXR)
- Europa Oil & Gas (AIM: EOG)
- Golden State Resources (ASX: GDN)
- Gulf Keystone Petroleum (AIM: GKP)
- Gulfsands Petroleum (AIM: GPX)
- IGas Energy Plc (AIM: IGAS)
- Leni Gas & Oil (AIM: LGO)
- Mediterranean Oil and Gas (AIM: MOG)
- Nighthawk Energy (AIM: HAWK)
- Northern Petroleum (AIM: NOP)
- Osceola Hydrocarbons (PLUS: OSCE)
- Pan Andean Resources (AIM: PRE)
- Petrel Resources (AIM: PET)
- Petro Matad Limited (AIM: MATD)
- Petroceltic International (AIM: PCI)
- Po Valley Energy (ASX: PVE)
- Range Resources (ASX / AIM: RRS )
- Regal Petroleum (AIM: RPT)
- Solo Oil (AIM: SOLO)
- Tethys Petroleum (TSX: TPL)
- Victoria Oil & Gas (AIM: VOG)
- Wessex Exploration (PLUS: WX.P)
- Xcite Energy (TSX, AIM: XEL)
- Xtract Energy (AIM: XTR)