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Blue Energy Advances Sapphire Pilot Amid Environmental Appeal

6:14pm on Sunday 1st of June, 2025 AEST Energy
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Blue Energy Advances Sapphire Pilot Amid Environmental Appeal

6:14pm on Sunday 1st of June, 2025 AEST
Key Points
  • Sapphire 5 and 6 pilot wells resume gas production after maintenance interruptions
  • R&D tax rebate lodged, expected to bolster cash flow in current quarter
  • Ongoing Land Court appeal against Environmental Authority for PL 1034 nearing resolution
  • Northern Territory seismic data interpretation reveals promising stratigraphic targets
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