value after the drill, page-14

Honestly do not know.. But could it relate to OBL or just a coincidence - announcement made by CUE/MOG - offshore development. Have a look at this:

Apache Farms into WA-359-P and WA-409-P
Cue Energy Resources Limited (ASX:CUE; NZX:CUE; POMSOX:CUE; ADR/OTC:CUEYY) is
pleased to announce that Apache Northwest Pty Ltd has agreed to farmin to Cue?s 50% interest
permits WA-359-P and WA-409-P in the offshore Carnarvon Basin of Western Australia (see
map).
Apache has agreed to acquire a minimum of 1000 square kilometres of 3D seismic data over
both permits (Apache is planning to acquire approximately 1750 square kilometres) in return for a
40% interest in both permits. Cue?s interest will reduce to 30% in both permits. Acquisition of the
data is expected to begin in 2010. Apache also has the option to commit to drilling one well in
one of the permits in return for up to a 30% additional interest.
Cue will have a free carried interest through the seismic and a 15% free carried interest in the
optional well and both permits. If Apache does not commit to drilling a well in either of the
permits, Cue will be reassigned its original 50% interest in both permits at no cost.
Cue has the option to pay 5% of the optional well cost to retain a 20% interest in both permits.
Apache will become the operator for both permits.
Cue comment
?The farmout to Apache strongly complements Cue?s other interests in the Outer Rankin area of
Carnarvon Basin?, said Cue?s Chief Executive Officer Bob Coppin.
?Cue has a 15% free carried interest in the high potential Artemis -1 well in WA-360-P that is
expected to begin drilling in November 2010.
Cue has also recently farmed out to Woodside in the adjacent WA-389-P permit that contains the
large Caterina prospect. Cue will have a free carried 35% interest through 1440 square
kilometres of 3D seismic and the first well in the permit.
It is very pleasing for the company to have a significant free carried interest in these high
potential areas and we are looking forward to the results of the 3D seismic data and to the wells
that will follow.?