CUE 2.38% 10.3¢ cue energy resources limited

News: CUE Cue Energy farms out north west shelf gas prospect to BP

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    Oct 13 (Reuters) - Cue Energy Resources Ltd (CUE) :

    • Cue Energy farms out north west shelf gas prospect to BP
    • BP acquires 80% equity and will be operator of WA-409-P with an option to acquire 42.5% equity in WA-359-P
    • Cue's 20% equity interests in WA-409-P will be funded by BP for work programme required under permit for next 3 years
 
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