Blue Energy Limited
Intrasia Capital is a substantial shareholder in Blue Energy Limited (Blue Energy), a publicly-listed (ASX:BUL) rapidly evolving Australian energy exploration company strategically positioned with abundant coal seam gas (CSG) assets throughout Queensland to meet the rising demand for cleaner power.
Blue Energy’s acreage consist of seven tenements across five productive basins in South Australia and Queensland. Totaling approximately 33,000 sq kms, these assets are one of the largest Coal Bed Methane holdings in the world.
Blue Energy continues to explore new opportunities internationally including Bangladesh, Africa and Papua New Guinea for CBM and Natural Gas.
At its current stage of exploration, gas-in-place (GIP) estimates indicates up to 21.3Tcf (P50) for Blue Energy’s portfolio of prospective CBM tenements in Eastern Queensland, Australia.