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MarketScreener Homepage  >  Equities  >  Australian Stock Exchange  >  Blue Energy Limited    BLU   AU0000044364

BLUE ENERGY LIMITED

(BLU)
  Report
End-of-day quote. End-of-day quote Australian Stock Exchange - 10/27
0.057 AUD   -3.39%
10/12BLUE ENERGY : Macquarie small midcap oil & gas forum
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09/16BLUE ENERGY : has assets in Bowen, Galilee and Beetaloo Basins
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09/15BLUE ENERGY : Appendix 4G and Corporate Governance Statement
PU
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Blue Energy : CEO Contract Renewal

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08/27/2020 | 06:17am EDT

ASX ANNOUNCEMENT

27 August 2020

Blue Energy Renews CEO Contract

Blue Energy Limited (ASX: BUL) is pleased to announce that it has renewed its employment agreement with its Chief Executive Officer and Managing Director, John Phillips.

Blue Energy's Chairman, John Ellice-Flint said, "We are pleased Mr Phillips will remain in his role and continue to pursue the monetization of the Company's large Bowen Basin gas resource, progress the highly prospective McArthur Basin tenements in the Northern Territory and continue to grow the exploration portfolio as opportunities arise."

The term of the new contract is for 3 years effective 1 July 2020.

In determining the remuneration for the new term, the Company undertook a comparative analysis of the executive remuneration being paid by its contemporaries.

There has been no material increase to Mr. Phillips existing remuneration, which has remained unchanged for the past 10 years, other than to lift his Salary from $400,000 to $415,000 per annum.

By authority of the Board.

John Ellice-Flint

Executive Chairman

Blue Energy Limited

Tel. +61 7 3270 8800

e info@blueenergy.com.au

ABN 14 054 800 378

w www.blueenergy.com.au

Disclaimer

Blue Energy Limited published this content on 27 August 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 August 2020 09:17:06 UTC


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All news about BLUE ENERGY LIMITED
10/12BLUE ENERGY : Macquarie small midcap oil & gas forum
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Financials
Sales 2020 - - -
Net income 2020 -5,06 M -3,59 M -3,59 M
Net cash 2020 4,27 M 3,03 M 3,03 M
P/E ratio 2020 -9,96x
Yield 2020 -
Capitalization 75,7 M 54,1 M 53,8 M
EV / Sales 2019 -
EV / Sales 2020 -
Nbr of Employees -
Free-Float 63,3%
Chart BLUE ENERGY LIMITED
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Technical analysis trends BLUE ENERGY LIMITED
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TrendsBearishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 1
Average target price 0,16 AUD
Last Close Price 0,06 AUD
Spread / Highest target 181%
Spread / Average Target 181%
Spread / Lowest Target 181%
Managers
NameTitle
John M. Phillips Managing Director & Executive Director
John Charles Ellice-Flint Executive Chairman
Karen Johnson Non-Executive Director
Rodney Cameron Non-Executive Director
Stephen Rodgers Secretary & General Counsel
Sector and Competitors
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CANADIAN NATURAL RESOURCES LIMITED-48.64%19 368