Cue's 22 May pres'n had this to say (p15):
"Naga Utara – Drilled January to March 2012 and intersected potentially commercial gas bearing sandstones. Two zones flowed gas during drilling. Re-entry and side-track for appraisal & testing under consideration.
Naga Selatan –20 million barrel oil prospect, multiple targets with deep horizons high graded due to drilling Naga Utara. Currently drilling."
With large oil & gas fields located nearby, these two wells don't look like duds to me. But even if they are Cue is solid value at these prices.
- Forums
- ASX - By Stock
- CUE
- recent drilling
recent drilling, page-4
-
- There are more pages in this discussion • 5 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
9.8¢ |
Change
-0.002(2.00%) |
Mkt cap ! $68.47M |
Open | High | Low | Value | Volume |
10.0¢ | 10.0¢ | 9.7¢ | $26.71K | 271.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 11512 | 9.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.9¢ | 142143 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 11512 | 0.098 |
3 | 187635 | 0.097 |
2 | 20881 | 0.096 |
3 | 76411 | 0.095 |
1 | 32967 | 0.091 |
Price($) | Vol. | No. |
---|---|---|
0.099 | 142143 | 1 |
0.105 | 286999 | 4 |
0.110 | 559069 | 8 |
0.115 | 727000 | 1 |
0.120 | 247429 | 2 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
Featured News
CUE (ASX) Chart |