CUE 3.13% 6.2¢ cue energy resources limited

heaps of gas

  1. 1,747 Posts.
    CUE have 10 % of 1 trillion Cubic feet of gas and are now into a feasability study for it's use.

    Looking better every day. They need a bit of broker support.

    Regards M.

    Cue Energy Resources Limited
    A.B.N. 45 066 383 971
    Kimu Methanol Study
    Cue welcomes the Oil Search agreement with Mitsubishi Gas Chemical Company Inc and
    Itochu Corporation of Japan to complete a feasibility study into the potential for using gas
    from the Kimu gas field in Papua New Guinea for methanol manufacture.
    Cue has a 10.72% interest in PRL -8 which contains the Kimu field. Kimu is estimated to
    have approximately 1 trillion cubic feet of recoverable natural gas which contains no
    sulphur or carbon dioxide.
    Joint Venture participants in PRL -8 are :
    Oil Search Limited 44.60% Operator
    Mosaic Oil Niugini Ltd 28.6%
    Gedd (PNG) Ltd 16.10%
    Omati Oil Pty Ltd 10.72% a wholly owned subsidiary of Cue Energy
    Resources Limited
    Robert J Coppin 24 July 2003
    Chief Executive Officer
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Mkt cap ! $43.28M
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6.3¢ 6.4¢ 6.2¢ $62.84K 1.004M

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Last trade - 16.10pm 13/05/2021 (20 minute delay) ?
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