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7.14% 10.5¢ cue energy resources limited

I do appreciate your opinions and posts on Cue Shrewd Crude as I...

  1. OzAlien
    392 Posts.
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    08/06/09
    23:32
    Post #: 5254639
    I do appreciate your opinions and posts on Cue Shrewd Crude as I am sure many others here do.

    I noticed on Todd Energy's website that their share of production from Maari (16%) is shipped every 20-22 days.

    http://www.todd.co.nz/te/transportation.html

    I believe CUE has a transportation agreement with Todd using the MS Sophie so therefore 32000-35000 BOPD @ 5% = 32000 - 38000 per shipment (20-22 days)for CUE.

    This provides good revenue numbers when added to previous qtr + Oyong Gas 3rd qtr.

    Due for a good revaluation in 3rd qtr IMHO.

    CUE Price at posting: 14.8¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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