CUE 1.47% 6.9¢ cue energy resources limited

CUE 15% of 100million barrels??

  1. 4,189 Posts.
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    Any one care to make some production estimates from Sampang's Oyong oil and gas fields. Forget other assetts for time being
    As well as oil sales, gas sales available via 80 km pipeline to nearby markets.

    Bilip may fire market but real growth and income could come from Sampang psc. or PNG pipeline .
    Highly likely Santos will take this on out as in did with Timor Sea Petroleum in Evan Shoal gasfields. Maybe not at a mutiple of 5 (trading at 9 cents prior to offer at 45 cents) but hope is there of a substantial premiem.
    CUE holding could also become part of power play between OSH and STO re. PNG pipeline gas supply .
    Lots more to this one than I have touched on here.
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