Blue Energy has raised more than $22 million through a share purchase plan which, together with a proposed placement to a Korean company, will accelerate the explorer's proposed work program for the next two years.
Queensland government owned power generator Stanwell Corporation Ltd has taken a 19.6 per cent stake in Blue Energy Ltd after buying a parcel of shares from CVC Ltd for nearly $35 million.
West Perth-based energy exploration company Blue Energy Ltd has completed its acquisition of the Cobalt Seismic Survey within its Queensland petroleum exploration tenure ATP 854, the company has announced.
West Perth-based energy exploration company Blue Energy Ltd subsidiary Eureka Petroleum Pty Ltd has been named the preferred tenderer for 375 contiguous sub-blocks of coal seam methane gas, 130 km west of Brisbane, the company has announced.
West Perth-based energy exploration company Blue Energy Ltd has raised a total of $34.6 million in a two-stage capital raising, planning ot use the funds to complete feasibility studies on its coal bed methane portfolio, the company has announced.
West Perth-based energy exploration company Energy Investments Ltd will adopt the name Blue Energy Ltd, the name of a 2006 acquisition, to reflect its new focus on coal bed methand, the company announced today.
