TSXV BLU
TSXV BLU

The Harper basin, offshore Liberia, is the last remaining undrilled South Atlantic margin basin containing the prolific deepwater fan/channel play.

BluEnergies Ltd. (TSXV: BLU), a Canadian Independent, has identified significant recoverable prospective resource potential in its deepwater Harper basin Blocks LB-30 and LB-31, based on an independent prospective resource report dated March 28, 2025. As context, a Harper basin discovery of even 1 bbo would rank among offshore Africa’s top 5% (by volume) in the past decade.

These Blocks provide BluEnergies a low-cost, short-cycle-time option on a material, high-value, repeatable growth vehicle and a potentially transformational opportunity for the country of Liberia.

Through 2025, BluEnergies will be executing a work program designed to build its portfolio, mitigate and diversify risk, and accelerate the selection and drilling of its initial test of the Harper basin deepwater fan play.