Blue Energy unveils 36% increase in Sapphire 2P gas reserves

Blue Energy unveils 36% increase in Sapphire 2P gas reserves

New study identifies 3P reserves of 287 PJ

Development

11 OCTOBER 2023
Blue Energy to tie-in Sapphire pilot early

Blue Energy to tie-in Sapphire pilot early

Gas sales agreement to be signed with QPM in short term

Production

09 JUNE 2023
Blue Energy completes Sapphire drill campaign

Blue Energy completes Sapphire drill campaign

Prepares for pilot production at Queensland CSG field

Development

21 NOVEMBER 2022
Blue Energy drills another lateral at Sapphire well

Blue Energy drills another lateral at Sapphire well

Pilot campaign nearly complete

Development

01 NOVEMBER 2022
Blue Energy drills lateral at Sapphire well

Blue Energy drills lateral at Sapphire well

Strong progress at CSG field

Development

20 OCTOBER 2022
Blue locks in pilot offtake for Sapphire fields

Blue locks in pilot offtake for Sapphire fields

Nomadic Energy takes flare gas

Investment

21 SEPTEMBER 2022
Blue set to spud third Sapphire lateral 

Blue set to spud third Sapphire lateral 

Drill string delay pushes share price down

Exploration

16 SEPTEMBER 2022
Blue set to spud laterals

Blue set to spud laterals

To intersect individual seams and vertical wells

Exploration

02 AUGUST 2022
Blue Energy raises $20 million for drilling

Blue Energy raises $20 million for drilling

Appraisal pilot wells and 2D seismic

Exploration

28 JULY 2022
Blue set to spud Bowen pilot 

Blue set to spud Bowen pilot 

Sapphire field under development 

Exploration

01 JULY 2022
Blue set to start drilling 

Blue set to start drilling 

Civil works completed at Sapphire gas field 

Exploration

17 JUNE 2022
Blue prepares for appraisal drilling

Blue prepares for appraisal drilling

Slight delay due to rainfall as junior prepares for first campaign

Exploration

26 MAY 2022