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Additional information
Additional Information
Market: ASX
Sector: Renewable Energy
Epic: BUL
News: Latest news
Web Site: Blue Energy Limited
Other Articles: 07-07-201029-06-201028-06-2010 
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Thursday July 29, 09:30Specialist Energy Group Lays Out a Compelling Blueprint for Growth

After a difficult start to life as a stock market listed company, the company now stands at the threshold of a much brighter future. Legacy issues have been dealt with and the turnaround programme initiated by CEO Ewan Lloyd-Baker is gaining traction.

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Wednesday July 28, 11:30Silver Lake Resources boosts high grade gold resource by 70% to 2.5m ounces

Silver Lake Resources has added over 1 million ounces of gold to its resource inventory during the year after mining 66,700 ounces and expects further encouraging results at its  Mount Monger and Murchison projects.

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Thursday July 15, 02:10Henan Yuguang Lead & Gold investment in Kimberley Metals receives all clear from FIRB

Kimberley Metals (ASX: KBL) has reported that on 12 July the Australian Government Foreign Investment Review Board (FIRB) had no objections to Henan Yuguang Lead & Gold Co. Ltd's [...]

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Blue Energy Limited

Blue Energy Limited

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 year.

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Thursday, March 11, 2010

Blue Energy to optimise drill rig movements

Coal seam gas company, Blue Energy (ASX: BUL) has reported that significant rainfall and flooding events across Queensland since late January 2010 has affected drilling activities across the areas of operations in the Surat, Bowen and Galilee Basin.

As a result, gig movements have been optimised to ensure that the company can efficiently recommence drilling activity as specific areas become accessible.

ATP814P Bowen Basin (BUL 100%):

Sapphire 2: Access to the drilling location is expected to be re-established within the next week.

Once this occurs the Depco 1 drilling rig will be mobilised to site as soon as possible to commence drilling.

Sapphire 2 will target the Rangal, Fort Cooper and Moranbah Coal Measure sequences approximately 2.7km north east of the Sapphire 1 well drilled by Blue Energy in 2008. The location is only 14km east of Arrow Energy’s Moranbah Gas Project.

ATP813P Galilee Basin (BUL 100%):

Stainburn Downs 1: Access to the Galilee Basin acreage in general is still affected by recent flooding, and it is expected that access to the Stainburn downs 1 well (currently suspended at a depth of 980 metres) may be possible within the next two weeks.

ATP819P Surat Basin (BUL 100%):

Ballangarry 1: The Ballangarry 1 well spudded 27 February 2010 using Boart Longyear rig 7, and reached a depth of 253 metres, prior to ceasing operations due to flooding.

The well is located within an area protected by levy banks and therefore the rig was not inundated by floodwaters. However access into the area is still subject to floodwaters receding, and damage to roads in the general area may limit access for heavy trucks over the next week or so. Therefore it is not expected that operations to recommence at Ballangarry 1 for approximately two weeks.

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