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How Blue Energy’s $5.8M Raise Could Transform Queensland’s Gas Market

9:23am on Friday 24th of October, 2025 AEDT Energy
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How Blue Energy’s $5.8M Raise Could Transform Queensland’s Gas Market

9:23am on Friday 24th of October, 2025 AEDT
Key Points
  • Oversubscribed Share Purchase Plan raised $2.6 million, up from $250,000 target
  • Combined with $3.2 million placement, total capital raised reaches $5.8 million
  • Funds earmarked for pilot well drilling and appraisal in North Bowen Basin
  • Strong retail shareholder support reflects confidence in natural gas market outlook
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