CUE 0.00% 10.0¢ cue energy resources limited

annual report, page-8

  1. 580 Posts.
    El

    Nothing wrong being optimistic. That's I like Cue, always. They don’t tend to bang the drum like our friends did (Meo in particular) . WA-389 is a beautiful piece of asset. The Rose 3D is very encouraging, over 9 Tcf for this discovery, I say is likely. We have 100% of WA-389 so the farmout is a lot easier than our friend there. This permit is ready to go and two well could be drilled in 2009 if our WA mates (Woodside) needing more gas for their LNG plants.

    If that happen, we can be in the same ball park as Karoon Gas’s Posiedon discovery, as what Ya said " why not? "

    Hope this optimism helps
 
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