BA-01 Exploration Well: Rig onsite and preparing for drilling within a week

Posted on 27 July 2023

New Zealand Oil & Gas subsidiary, Cue Energy Resources (ASX:CUE) is pleased to announce rig mobilisation for the high impact exploration well BA-01 within the Mahato PSC (Production Sharing Contract) is more than 80% complete and the well is expected to spud within a week. The update release is attached. Cue has a 12.5% interest in the Mahato PSC. New Zealand Oil & Gas has a 50.04% interest in Cue.