Blue Energy Limited (ASX:BLU; OTC:BUENF) is an Australian energy company engaged in the exploration, evaluation, and development of conventional and unconventional oil and gas resources primarily in Queensland and the Northern Territory. The company holds 100% interests in the ATP 814P permit spanning 1,119 square kilometers in the Northern Bowen Basin and the ATP 854P permit covering 771 square kilometers in central Queensland's Injune area; it also maintains 50% interests in multiple exploration permits including EP199A through EP211A totaling 111,887 square kilometers in the Wiso Basin. Incorporated in 1992 and headquartered at Level 10, 26 Wharf Street in Brisbane, Queensland, Blue Energy focuses on gas and oil strategies to address east coast gas shortages and frontier liquids opportunities through operatorship of its assets. Recent developments include the Queensland government's award of potential commercial area licences PCA 336 and PCA 337, alongside renewal of the ATP 814 permit, enabling accelerated appraisal of Bowen Basin gas projects such as the Sapphire gas initiative following a favorable Land Court ruling and amended Environmental Authority for subsidiary Eureka Petroleum's PL 1034 production lease. In October 2025, an oversubscribed share purchase plan raised funds to support pilot well drilling and appraisal programs in the North Bowen Basin, bolstering infrastructure plans to connect resources to east coast markets. The company issued its September 2025 quarterly activities report and anticipates breakeven around 2027 amid ongoing frontier basin activities.