A.B.N. 45 066 383 971 12 March 2014 PAGES (including this page):11 CUE ENERGY OVERVIEW Cue is an Australian based oil & Company Announcements Office gas company with activities in 10th Floor Australia, New Zealand, Indonesia 20…
CUE ENERGY RESOURCES LIMITED (ASX: CUE) www.cuenrg.com.au Excellence in Oil and Gas, March 2014
DISCLAIMER & IMPORTANT NOTICE Various statements in this document constitute statements relating to intentions, future acts and events. Such statements are generally classified as forward looking statements and involve known risks,…
Regionally Diversified Assets INDONESIA Kutei Basin PNG Papuan Basin Mahakam Hilir PSC SE Gobe PDL 9 PDL 14 INDONESIA Offshore East Java Sampang PSC NEW ZEALAND Taranaki Basin Maari PEP 51313 PEP 51149 AUSTRALIA PEP…
Strong Existing Production Net Sales volume H1 FY14 Net Production (2011-2016f) boe Million boe 160,000 1.2 140,000 1 120,000 0.8 100,000 80,000 0.6 60,000 0.4 40,000 0.2 20,000 0 0 Maari Oyong Wortel SE Gobe 2011…
New Zealand Asset Growth Strong production from Maari post FPSO upgrade Ensco 107 mobilising for Maari Development drilling (Cue 5%) Expected on location April 2014 4 production wells and 1 water injection well to be drilled…
Maximising value from existing Assets WA-359-P (100% Cue) Farm-out underway Oil play charged from the Victoria Syncline 150+ million barrel OOIP prospect with follow up Fully covered by high quality 3D seismic data reprocessed to…
Near Term Activity Ensco 107 mobilising for Maari drilling Whio-1 100% carried by OMV Te Kiri North-1 onshore NZ planning underway Contingent Manaia-3 appraisal well 2015 2013 2014 Q3 Q4 Q1 Q2 Q3 Q4 New Zealand Maari growth…
Growth Strategy Participate in areas of high prospectivity Preference for onshore Australia/Asia Strategic test areas Take meaningful equity positions Invest in material positions for Cue Target 20-40% equity onshore, 15-20%…
Summary 2014 production growth to come from New Zealand with 2 firm wells and Maari Growth Project 2014 focus on capturing new exploration opportunities Cue actively seeking and evaluating other growth opportunities aligned…