EXPLORATION

Blue tops up coffers

BLUE Energy has received a $12.571 million boost from its share placement agreement with South Korean energy giant Korea Gas and will now accelerate its coal seam gas exploration program.

Marija Stojkovic

The receipt of the funds comes after the Foreign Investment Review Board earlier this month approved the placement, which will see Korea Gas acquire a 10% interest in Blue. In a statement today, Blue...

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