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Blue Energy Limited ( (AU:BLU) ) just unveiled an update.
Blue Energy Limited has been awarded a 20-year Production Licence (PL 1034) for its Sapphire project, allowing the company to develop significant gas reserves in Central Queensland. The project will leverage existing gas processing facilities, minimizing the need for new infrastructure, and includes environmental safeguards to protect local water resources.
More about Blue Energy Limited
Blue Energy Limited operates in the energy sector, focusing on the exploration and production of natural gas. The company is involved in developing gas reserves and has a market focus on utilizing existing infrastructure for efficient resource management.
Average Trading Volume: 2,695,031
Technical Sentiment Signal: Sell
Current Market Cap: A$12.96M
Learn more about BLU stock on TipRanks’ Stock Analysis page.