Tag: Cue Energy

Cue Energy Resources Announces Dividend Payment

Posted on 29 February 2024

New Zealand Oil & Gas subsidiary, Cue Energy Resources (ASX:CUE), has announced it will be paying a special dividend of AUD 2 cents per share on 5 April 2024. NZO therefore expects to receive from Cue a total of A$7.0 million.

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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.

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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).

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Amadeus Basin Acquisition Completed

Posted on 4 October 2021

New Zealand Oil & Gas is delighted to advise that the Amadeus Basin acquisition completed today.

The New Zealand Oil & Gas Group announced on 25 May 2021 that it had agreed to acquire interests in three gas producing projects held by ASX-listed Central Petroleum located in the Amadeus Basin of Australia’s Northern Territory.

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All Conditions Precedent Satisfied For Amadeus Basin Transaction

Posted on 20 September 2021

Territory assets from Central Petroleum and today the remaining third party approvals have been received.

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FIRB No Objection Notice Received For Amadeus Basin Transaction

Posted on 2 July 2021

Australian Foreign Investment Review Board in relation to the transaction to acquire Amadeus Basin Assets from Central Petroleum. This satisfies a key condition precedent of the transaction.

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Mahato PSC Update – Development Update

Posted on 28 April 2021


New Zealand Oil & Gas subsidiary, Cue Energy Resources (ASX:CUE), has provided an update that the PB-5 development well in the Mahato PSC has recently been successfully drilled and tested at a gross rate of approximately 1000 barrels of oil per day (bopd).

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Ocean Apex Handover To The Ironbark Joint Venture

Posted on 12 October 2020

New Zealand Oil & Gas is pleased to announce the Ocean Apex rig has completed its operations for Woodside and was handed over on Friday afternoon (1600hrs Perth Time) to BP (Operator) for the drilling of the Ironbark-1 well.

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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.

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Mahato PSC update

Posted on 26 February 2020

New Zealand Oil & Gas subsidiary, Cue Energy Resources (ASX:CUE), has provided an update that it has become aware that a tender has been released for the rental of oil production facility equipment for 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.

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