MARKETS

Cue considers legal action over 61MMbbl discovery

ASX-listed small cap Cue Energy is considering "all available options" including immediate legal action against its joint venture partner Texcal Mahato EP, as a messy rift between the two widens.

paul hunt

Mahato-PSC.jpg

This week, operator Texcal claimed to have found 61.8 million barrels of oil in the Mahato PSC onshore Indonesia in the Central Sumatra Basin. It is unknown how Texcal came to this estimate, but...

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