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
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WA-359-P (IRONBARK-1) | EQUITY| FUNDING| CUE BENEFIT| PAST COSTS...
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