From CUE Quarterly
MAARI Production up 12% to 5300BPD
NEW ZEALAND PMP 38160Cue Interest: 5% (Cue Taranaki Pty Ltd) Operator: OMV New Zealand LimitedGross oil production for the quarter was 12% higher, averaging approximately 5300 bopd, due to the re-start of production from the MN1 well.The MR2 well underwent a conversion to a permanent water injection well to provide higher injection capability in the field. MR6a remained offline, with further workover work planned for the current quarter.The JV continues to assess and prioritise value adding projects, including potential production enhancement, cost reduction and CO2 reduction opportunities.
17% -21.5 % yield within 2 months, page-42
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