CUE Energy said the latest well in its offshore Indonesia PSC Mahato is on track to be drilled by its partner and operator Texcal Mahato later this quarter, targeting an estimated 93 million barrels of oil on a best case resource estimate.
The well is offshore Indonesia; Cue holds 12.% from the producing PSC and was first found by Cue in 2019 and has been sending oil to market for two years. Well BA-01 will target the...
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