kimu gas field

Cue is pleased to announce that 2D seismic acquisition over the Kimu gas field in
PRL-08, Papua New Guinea, has been completed.
The data will now be processed and integrated into a revised structural
interpretation of the field.
The Kimu area survey is part of a larger 2007 Guavi River Seismic campaign
covering PRL-08 and adjacent acreage. It consists of six seismic traverses
totaling 71km and is designed to provide a high quality modern seismic grid over
the Kimu structure from which to advance the understanding of the potential
recoverable gas volumes.
Kimu has been assessed, to date, to have the potential to contain around 905
billion cubic feet of recoverable gas, with Cue’s share being approximately 97
billion cubic feet in a most likely case.
Kimu is located approximately 60km west of the Barikewa gas field and 50km
SW of the SE Gobe oil field. Location and survey map are attached.
The participants in PRl-08 are:
Oil Search Limited (Operator) 60.71%
Mosaic Oil Nuigini Limted 28.57%
Cue PNG Oil Company Pty Ltd 10.72%

Is this good news for MOS?? they are holding 28%