BUL 7.14% 5.2¢ blue energy limited

The difference between BUL and other gas rich juniors is the...

  1. SS
    81 Posts.
    The difference between BUL and other gas rich juniors is the position of their acreage. The only existing pipeline in the Bowen Basin runs from Moranbah to Townsville - not Gladstone. After Mr Palmer's Nickel refinery fun, Arrow will be shutting in their Bowen wells. BUL might have gas, but they have no means of getting it to market - and having most of it sitting in the contingent category means its far from commercial flow rates. DYOR.
 
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