POLICY

Queensland government declines Blue Energy licence applications

BLUE Energy’s share price has plummeted by more than 15% after the Queensland government elected to decline its development applications for the ATP 813P licence area in the Galilee Basin.

Colin Hay

Galilee.jpg

The company is now reviewing its options after the Queensland Department of Resources decided not to grant nine of Blue Energy's Potential Commercial Area applications (PCA's) in the Basin. The department...

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