CUE Energy Resources has executed agreements with its majority shareholder New Zealand Oil & Gas to acquire a 15% interest in WA-359-P and a 5.36% stake in the WA-409-P exploration permits in the North West shelf's Carnarvon Basin.
Within the permit is the large Ironbark Mungaroo Formation project, which is mapped over a potential 400sq.km across WA-359-P and the adjacent WA-409-P. The agreement will see NZOG acquire a...
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