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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.
The MN1 oil production well at the OMV-operated Maari/Manaia field offshore New Zealand has restarted production after having…
The MN1 oil production well at the OMV-operated Maari/Manaia field offshore New Zealand has restarted production after having…
JV partner Cue Energy has announced that Texcal, the operator of the Mahato PSC in Indonesia, is planning to drill the BA-01 exploration well. The primary target is the Miocene-age Telisa Formation sandstone reservoir at a depth of 900ft. A secondary target is the Menggala Formation, expected at approx. 2500ft. Both targets are producing reservoirs in the Central Sumatra Basin.
Cue Energy Resources (ASX:CUE) and its partners are preparing to drill the BA-01 exploration well in the Mahato production sharing contract (PSC) in Indonesia.