CUE 4.76% 10.0¢ cue energy resources limited

this is huge. 35000 barrels oil per day., page-2

  1. 13,988 Posts.
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    Patpat,

    "This is the third major project into oil production."

    Imho that is a bit of a blatant ramp. Oyong oil is minor, and has been a huge dissapointment, and I am not sure whether it does much more than pay back capital invested? No idea what your number 2 major project is.

    Maari does however look at good earner, but you need to get a grip on CUE's 5% being only 1750 bopd, and that this is still only the longstanding plan - ie no news. If however in a couple of months we get positive news on reservoir performance then that will be real news - albeit only project derisking.

    EL
 
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