Excellent news for LT Cue holders, with WPL funding 100% drilling costs + paying back US$5mil in cash to CUE for Caterina.
WPL drilled a duster at Hine-1 in the PLuto field & had mechanical issues with their Maersk Discoverer semi-sub, which could only drill 2 top hole sections in 2 new wells.
Need a timeframe on spudding. CUE's qtrly said 2011, however WPL could bring it fwd since they have plenty of rigs & are waiting on a super-rig to arrive next year.
Excellent news for LT Cue holders, with WPL funding 100%...
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Last
11.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $76.85M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.0¢ | 10.5¢ | $96.75K | 903.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 849895 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 955658 | 2 |
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| Last trade - 16.10pm 10/09/2024 (20 minute delay) ? |
| CUE (ASX) Chart |