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Blue Energy Limited (ASX:BLU)

ALERT: Price-sensitive ASX Announcement for BLU
Current share price for BLU : $0.004 -0.005 (-56.25%)+
Announcement
Release
30 Jan 2026 9:15AM
Price at Release
$0.008
Full Release
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Summary
Blue Energy Limited, an oil and gas exploration company, released its Quarterly Activities and Cash Flow Report for the quarter ending 31 December 2025. The company reported a cash balance of A$4.972 million with no debt. The cash flow statement shows a net cash outflow from operating activities of A$398,000, and net cash outflows for investing activities amounting to A$284,000, primarily attributed to exploration and evaluation expenses. The financing activities resulted in a net cash inflow of A$4.19 million, primarily from equity securities. The report detailed payments to directors and associates totaling A$242,000 for the quarter. Blue Energy continues its exploration activities across various tenements in Australia, with significant interests in the Bowen Basin and Surat Basin in Queensland, and emerging interests in the Northern Territory's Wiso Basin. The company has an estimated cash reserve sufficient to fund its operations for approximately seven more quarters.
Key Points
  • Cash balance of A$4.972 million at period end
  • Net cash outflow from operating activities: A$398,000
  • Net cash outflow from investing activities: A$284,000
  • Net cash inflow from financing activities: A$4.19 million
  • Total payments to directors and associates: A$242,000
  • Continued exploration activities in Bowen Basin and Surat Basin, Queensland
  • Estimated cash reserves to fund operations for approximately seven quarters
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.