Stay updated with breaking news from Paus Biru. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
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.
Cue Energy Resources has entered into a $7 million, two-year unsecured loan agreement with New Zealand Oil & Gas Limited (NZOG), a 50.04% shareholder in Cue, to fund exploration and development plans at its Amadeus Basin, Mahato PSC and Sampang PSC production assets, and over the next 12 to 24 months, to increase oil and gas production.
Indonesian oil and gas regulators have approved the plan of development of the Paus Biru offshore gas field in the East Java Basin…
Cue had received notification of the approval of the Paus Biru plan of development from Indonesia regulator SKKMigas in 2020.
Jeruk field was discovered in 2003