Cue Energy Resources (ASX: CUE) — Company Overview, News & Financial Data
Cue Energy Resources is an Australian oil and gas company focused on production and exploration across various regions.
Cue Energy Resources
Cue Energy Resources is an oil and gas production and exploration company with a diversified portfolio of assets in Australia, Indonesia, and New Zealand. The company holds participating interests in onshore gas fields in the Amadeus Basin, including Mereenie, Palm Valley, and Dingo, which supply natural gas to Northern Territory and Australian east coast markets. In Indonesia, Cue Energy Resources participates in oil production at the Mahato Production Sharing Contract in the Central Sumatra Basin and gas production at the Sampang Production Sharing Contract offshore East Java. Additionally, it holds an interest in the offshore Maari and Manaia oil fields in New Zealand.
Snapshot
Operations
Products and/or services of Cue Energy Resources
- Crude Oil Production: Hydrocarbon extraction operations within the Central Sumatra Basin under an eleven point two five percent participating interest in joint venture operations, producing crude oil from onshore wells for sale to regional petroleum markets.
- Offshore Natural Gas Production: Production and commercialization of natural gas and condensate from offshore assets in the Sampang Production Sharing Contract off East Java, maintaining a fifteen percent participating interest to supply industrial gas users across Indonesia.
- Onshore Gas Production and Supply: Extraction and processing of natural gas across Northern Territory gas fields, holding participating interests in the Mereenie, Palm Valley, and Dingo assets to supply domestic energy infrastructure and commercial customers in Australia.
- Offshore Petroleum Production: Commercial extraction of crude oil from offshore production fields in New Zealand permit PMP 38160, maintaining a five percent participating interest to produce, handle, and export petroleum from subsea well installations.
- Offshore Hydrocarbon Exploration: Exploration and evaluation activities in the Carnarvon Basin off Western Australia, retaining a one hundred percent operating interest in permit WA-389-P to identify, map, and assess potential oil and gas reserves.
- Upstream Asset Development: Development drilling, well workovers, and infrastructure expansion across existing petroleum production licenses to optimize reservoir recovery rates, increase daily production volumes, and extend operating life across core Asia-Pacific assets.
Cue Energy Resources executive team
- Matthew BoyallChief Executive Officer
- Anita Addorisio CFTP SnrCompany Secretary