Cue Energy Resources Limited A.B.N. 45 066 383 97
RELEASE
SE GOBE-12 Well Encounters Oil
The SE Gobe 12 development well has encountered a 25.8 metre net oil column
in the Lower Iagifu sandstone reservoir, overlain by a 25.4 metre net gas column
in the Upper Iagifu sandstone reservoir.
No hydrocarbon contacts were penetrated by the well. The well is currently being
completed as an oil producer and a potential future gas injector.
SE Gobe 12 oil production is expected to begin in mid April 2006, at an estimated
rate of 1500-2000 barrels of oil per day.
Participants in the SE GOBE unit are:
AGL Gas Developments (PNG) Pty Limited 27.35%
Oil Search (PNG) Limited 25.55% (Operator)
Southern Highlands Petroleum Co Ltd 23.69%
Barracuda Limited (Santos) 9.39%
Ampolex (Highlands) Limited 5.95%
Cue PNG Oil Company Pty Ltd 3.29%
Merlin Petroleum Company Limited 2.78%
Petroleum Resources Gobe Limited 2.00%
Any queries regarding the announcement should be directed to the Company
on (03) 9670 8668 or email [email protected].
Robert J Coppin
Chief Executive Officer 22 March 2006
- Forums
- ASX - By Stock
- CUE
- off on a flyer
off on a flyer
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CUE (ASX) to my watchlist
(20min delay)
|
|||||
Last
11.5¢ |
Change
0.020(21.1%) |
Mkt cap ! $69.86M |
Open | High | Low | Value | Volume |
9.8¢ | 11.5¢ | 9.8¢ | $41.89K | 412.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 53 | 10.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.5¢ | 191262 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 53 | 0.100 |
1 | 17051 | 0.098 |
1 | 100000 | 0.097 |
1 | 10000 | 0.096 |
3 | 76411 | 0.095 |
Price($) | Vol. | No. |
---|---|---|
0.115 | 191262 | 2 |
0.125 | 450000 | 1 |
0.000 | 0 | 0 |
0.000 | 0 | 0 |
0.000 | 0 | 0 |
Last trade - 15.38pm 13/09/2024 (20 minute delay) ? |
Featured News
CUE (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online