CUE worth a closer look, page-8

OGOG just bought into BPTs Otway Assets for $344 (40%). Part of the BPT announcement reads of OGOGs intention for the upstream O&G patch:
Eyal Ofer, Chairman of Ofer Global, said: “Throughout Ofer Global’s history, we have sought out strong partners as we’ve entered new markets. We are therefore delighted to build a strategic partnership with Beach, a major player in one of the key regions we are focusing on.”
“With this acquisition, we have acquired a cornerstone producing asset around which we intend to continue to build the portfolio and grow our presence in Australia and the region. We are excited at what the future holds.“

I note that BPT has a farm-in option over the Ironbark prospect and now wonder whether OGOG has an interest here as well?

Resolution 9 at the upcoming AGM relates to allowing CUE to place an additional 10% of equity (to the 15% allowed under existing ASX list rules) to an investor. I am a YES for this resolution although question whether intended increase is setup for OGOG taking up the large parcel? Time will tell.