BUL blue energy limited

Good article in the AFR today about JEF and...

  1. 50 Posts.
    Good article in the AFR today about JEF and Blue
    http://afr.com/p/business/companies/ellice_flint_to_weigh_into_csg_debate_vrjt7Su1ks7AEcsT6jlmGN

    "He says his initial focus will be
    on getting Blue's pilot production
    wells flowing hydrocarbons.
    In the medium term he is tasked
    with building the explorer's reserve
    base to its stated target of 3000
    petajoules of proven, probable and
    possible (3P) reserves by the end of
    2014, a 40-fold increase from the
    current 75 PJ.
    Blue, like other CSG juniors, has
    made slower progress building up
    reserves than some expected, despite
    the significant total estimated
    potential gas in place across its
    acreage of about 16,000 PJ"

    At least he is getting us some media coverage, lets hope blue can attract the same hyp for proven resource.
 
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