Queensland coal seam gas minnow Blue Energy had one of its best days on the market yesterday for six weeks after a mix up that saw it falsely named by Japanese newspaper Nikkei as the partner for powerful trading house Mitsubishi Corporation in a shale gas deal.

Reuters and Bloomberg reported Nikkei’s claim that Mitsubishi had purchased half of the rights from local firm Blue Energy for joint exploration, noting the Japanese trading house would spend ¥8 billion ($104 million) through the end of next year.