CUE Energy is well placed for further growth following a quarter that saw the company procure a rig for it Paus Biru-1 well and increase its net cash to nearly A$17 million.
Cue's Indonesian interests
Cue saw a total net production of 30,132 barrels of oil and 381 million cubic feet of gas, translating to A$7.18 million in cash received from sales. Revenue increased by 7% compared to the...
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