ASX-LISTED Cue Energy and fellow joint venture partner in the Ironbark project offshore Western Australia, New Zealand Oil and Gas, are steeling themselves for a "transformational" few months ahead as they prepare to drill an exploration well they're betting big on.
The Ocean Apex will spud the Ironbark-1 well in the coming weeks. The well will be one of the deepest in Australian history.
Cue Energy and New Zealand Oil and Gas hold a 21.5% and 15% respective interest in exploration permit WA-359-P alongside operator BP (42.5%) and Beach Energy (21%). Ironbark-1 is on the cusp of...
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