BUL blue energy limited

thoughts about blue

  1. 317 Posts.
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    Well guys, this is the first time I have used this forum and I wanted to share my thoughts.

    As for the gas, I think.. Monslatt block, a loser.. Central block, who cares.. Sapphire block, maybe. I reckon they are a waste of money. We can't get the gas to the coast as it seems unlikely the pipelines will be built in the next 10 years, if ever. Arrow and Bow will sell gas to the trains being built. They have enough for the whole of Gladstone for 10+ years, so why spend money on pipes?

    I think the game is with blocks ATP1114A, 1117A and 1123A. The Canadian company PetroFrontier has estimated 27 billion barrels of oil in land in the same area. Their recent partnership with Statoil is also a good sign. We will know more when they horizontal drill and fracture Baldwin-2H, MacIntyre-2H and the one we are all interested in Owen-3H. John is no dummy, he knows all this. Petrofrontier was set up in Jan 2011 for the purpose of drilling these holes for Baraka as a farm in. They will get 100% of Owen and it backs onto Blue’s land. The results will go to TSX first and if this stock takes off, we are in!
 
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