Cue Energy News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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Australian independent Central Petroleum has announced a gas supply agreement with Northern Territory (NT) government-owned utility Power and Water Corporation (PWC) to the end of 2024.

The Palm Valley gas field, located in Australia's Northern Territory, has increased production with PV12 and PV13 wells.

The total consideration, including both the headline and deferred contingent payments, amounts to $33.4mn.

Cue Energy (ASX:CUE) is capitalising on its existing portfolio of strong cash flow-generating assets across the Asia Pacific, which it believes offers tremendous production upside and exploration potential.