Blue Energy Limited (ASX: “BUL” is pleased to report on activities during the December 2018 quarter across its exploration acreage in Queensland and the Northern Territory in which the Company’s key gas and oil projects are located. Key points on latest progress • Pipeline Survey Licence lodged for linkage of Bowen Basin gas to southern market • GSA discussions continue • Maryborough exploration tenures not renewed • Cash position – $1.78 million as at 31 December 2018 • The Company has zero debt
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BUL Price at posting:
4.8¢ Sentiment: Buy Disclosure: Held
is pleased to report on activities during the December 2018 quarter across its exploration acreage in Queensland and the Northern Territory in which the Company’s key gas and oil projects are located. Key points on latest progress • Pipeline Survey Licence lodged for linkage of Bowen Basin gas to southern market • GSA discussions continue • Maryborough exploration tenures not renewed • Cash position – $1.78 million as at 31 December 2018 • The Company has zero debt
