re: announcement out png se gobe big bids now ........ things are hotting up right on CUE as follows:
'Cue Energy Resources Limited
A.B.N. 45 066 383 971
RELEASE
Drilling update
SE Gobe 13 Development Well
The SE Gobe 13 development well sidetrack has been completed as a water
injector to provide pressure support for the Iagifu sandstone reservoir. It is
expected that the pressure support from SE Gobe 13 will result in incremental
field oil recovery of approximately 1.75 million barrels.
The Parker 140 drilling rig is moving to drill the SE Gobe 14 well.
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 19 June 2006'
wrxsti
announcement out is this the big one big bids now, page-2
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Last
10.5¢ |
Change
0.005(5.00%) |
Mkt cap ! $73.36M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.0¢ | $9.25K | 90.73K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 219063 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 150988 | 3 |
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