Blue Energy Provides Azure Area ATP 817P Drilling Update
Blue Energy announced that following positive results at Azure #1 it will continue its exploration drilling program in ATP 817P located approx 55km north west of Injune QLD. Following cased hole geophysical logging operations at Azure #1, the Company has confirmed 4.9m of continuous coal pay thickness previously estimated from geological reports during drilling of the well. Additional core drilling at Azure #2 and Azure #6 has commenced and will characterise the extent of the coal and the Coal Seam Gas (CSG) resource potential within ATP 817P. The current drilling is targeting the potentially thick and continuous Permian Bandanna coals on the Springsure Shelf, a regional geological province of the Bowen Basin. These coals are producing CSG in the nearby Santos Fairview and Origin Spring Gully fields.
Original Announcement: Drilling Update: Azure Area ATP 817P
