Blue Energy's (ASX: BLU) gas projects receive boost from federal government's new energy plan (w/ John Phillips)
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Blue Energy (ASX: BLU) managing director John Phillips joins Small Caps to discuss the news of Prime Minister Scott Morrison's plan to boost gas production and supply within Australia. The federal government identifying the North Bowen and Galilee basins in Queensland and the Beetaloo Basin in the Northern Territory as sources of gas to be prioritised by the federal government. Blue Energy has positions in all the three nominated basins with certified gas reserves and resources in North Bowen (3,000 petajoules resources, 298 PJ reserves), and Galilee (838 PJ resources).