CUE ENERGY RESOURCES LIMITED 2002-08-14 ASX-SIGNAL-G
HOMEX - Melbourne
+++++++++++++++++++++++++ SE GOBE-10 ST1
The SEG-10 ST1 well has been completed with a gravel pack in the upper Iagifu reservoir. The Parker 140 rig is currently moving off location and production is expected to begin in 7 to 10 days.
SE GOBE-1 ST1
When last tested on 03 August 02, the SEG-1 ST1 well was flowing at a rate of 2200 barrels of oil per day, 5440 million standard cubic feet of gas per day with no produced water and low produced sand, on a 48/64 inch choke.
Cue has a 3.285651% interest in the SE Gobe field unit, with a current overlift interest of 3.8565% to compensate for past under lifting.
Any queries regarding this announcement should be directed to the Company on 03 9629 7577.
R J Coppin CHIEF EXECUTIVE OFFICER
A copy of the full announcement, including location Map, is available in PDF format on www.asx.com.au. Alternatively it is available for purchase from ASX Customer Service on 1 300 300 279.
OSH Price at posting:
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