So while BLU professes to have some GAS under the ground - the Govt. continues to seek others to do likewise!?
"Crisafulli Government steps on the gas to bring down prices and attract investment Nine new areas opened for gas exploration across the Cooper/Eromanga and Bowen/Surat Basins to boost future supply.Three-month land release review launched to modernise and streamline how exploration areas are identified and released.Initiatives are aimed at unlocking supply and driving new gas investment to bring down energy prices. The Crisafulli Government is taking action to drive down energy prices by attracting new investment in Queensland’s gas industry. Minister for Natural Resources and Mines Dale Last announced the opening up of new tenures for gas exploration, and a review into how land is released for exploration across the resources sector. From tomorrow, nine new areas will made available for tender across the Cooper/Eromanga and Bowen/Surat Basins. The tender areas include both conventional and unconventional gas opportunities."
Some Q's?
1.How close might these areas be to BLU? 2.Are they aligned with current pipelines? 3.If these "9" areas find Gas, will the not be landlocked as many of BLU's tenements appear to be?
I do wonder if QPM will be BLU's best near-term opportunity to monetise?
BLU Price at posting:
0.7¢ Sentiment: Hold Disclosure: Held
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