CUE 13.4% 11.0¢ cue energy resources limited

Ann: NZO: MAHATO PSC APPROVAL OF NEW OIL DEVELOPMENT WELLS, page-11

  1. 203 Posts.
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    NZO. ASX ( CUE's owner) has the driil on sight for the Booth prospect in the Perth Basin.
    Spud date around 31 July.
    Keep an eye out. Exciting times.
    CUE Quarterly due any day now. Let's see what the short term cashflow effects of the Northern Pipe Line closure has.
    New direct customer contracts have been written going forward so that the NPL becomes less of an issue.
    Then the next thing to look forward to is what the new dividend policy really means in terms of continues payouts.
 
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