Ann: WA-359-P Farmout and WA-409-P Option Agreements with NZOG, page-9

	Column 1	Column 2	Column 3	Column 4	Column 5
0	WA-359-P (IRONBARK-1)	EQUITY	FUNDING	CUE BENEFIT	PAST COSTS
1	BP	42.50%	50.00%	7.50%	$0
2	BPT	21.00%	25.00%	4.00%	$900,000
3	NZOG	15.00%	17.85%	2.85%	$642,600
4		78.50%	92.85%	14.35%	$1,542,600
5	CUE	21.50%	7.15%
6	PERMIT	100.00%	100.00%		$1,542,600
7
8	From Announcement of 26-10-2018: Pursuant to those agreements, BP, Beach and New Zealand Oil & Gas will collectively fund US$11.3m of Cue’s share of the Ironbark-1 exploration well costs.
9
10	CUE's Benefit	14.35%
11	Funding benefit	USD 11.30
12	TOTAL well cost	USD 78.75
13	CUE funding share	7.15%
14	CUE's well cost share	USD 5.63