New Zealand Oil and gas
SHAREPRICE
hero-2.jpg

News

This section of our website includes all of our media releases, speeches and presentations. You can view a topic using the tag cloud, or by the date archive found on the right hand side.

Archive: 29/03/2022

Mahato PSC Update – Reserves Upgrade And Company Reserves As At 1 January 2022

Posted on 29 March 2022

New Zealand Oil & Gas subsidiary, Cue Energy Resources (ASX:CUE), has undertaken a review of the reserves and recoverable volumes in the Mahato PSC as of 1 January 2022. This is following
the successfully drilling of 8 production wells (PB-1 to PB-8) in 2021 with the field currently producing at approximately 5,500 barrels of oil per day (bopd).

Read the full post