New Zealand Oil and gas
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Mahato psc update

Posted on 30 April 2020


New Zealand Oil & Gas subsidiary, Cue Energy Resources (ASX:CUE), has provided an update that it has become aware that the Indonesian Ministry of Energy and Mineral Resources has announced a 61.8 million barrel oil discovery in the Mahato PSC, this is attached.
Cue has a 12.5% interest in the Mahato PSC. New Zealand Oil & Gas has a 50.04% interest in Cue.