OGOG just bought into BPTs Otway Assets for $344 (40%). Part of the BPT announcement reads of OGOGs intention for the upstream O&G patch:
Eyal Ofer, Chairman of Ofer Global, said: “Throughout Ofer Global’s history, we have sought out strong partners as we’ve entered new markets. We are therefore delighted to build a strategic partnership with Beach, a major player in one of the key regions we are focusing on.”
“With this acquisition, we have acquired a cornerstone producing asset around which we intend to continue to build the portfolio and grow our presence in Australia and the region. We are excited at what the future holds.“
I note that BPT has a farm-in option over the Ironbark prospect and now wonder whether OGOG has an interest here as well?
Resolution 9 at the upcoming AGM relates to allowing CUE to place an additional 10% of equity (to the 15% allowed under existing ASX list rules) to an investor. I am a YES for this resolution although question whether intended increase is setup for OGOG taking up the large parcel? Time will tell.
- Forums
- ASX - By Stock
- CUE worth a closer look
OGOG just bought into BPTs Otway Assets for $344 (40%). Part of...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CUE (ASX) to my watchlist
(20min delay)
|
|||||
Last
10.5¢ |
Change
-0.005(4.55%) |
Mkt cap ! $73.32M |
Open | High | Low | Value | Volume |
11.0¢ | 11.0¢ | 10.5¢ | $8.603K | 79.97K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 177731 | 10.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.0¢ | 759708 | 14 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 177731 | 0.105 |
11 | 781953 | 0.100 |
1 | 2 | 0.098 |
1 | 103000 | 0.097 |
1 | 18000 | 0.096 |
Price($) | Vol. | No. |
---|---|---|
0.110 | 759708 | 14 |
0.115 | 300000 | 2 |
0.120 | 440500 | 4 |
0.125 | 344281 | 2 |
0.130 | 350000 | 1 |
Last trade - 15.45pm 10/07/2024 (20 minute delay) ? |
Featured News
CUE (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online