Cue Energy Resources Limited (ASX:CUE) Acquires New Exploration Acreage in New Zealand

  Melbourne, Australia, Aug 29, 2008 - (ABN Newswire) - Cue Energy Resources Limited (ASX:CUE)(PNK:CUEYF) is pleased to advise that it has acquired a 20% interest in Petroleum Exploration Permit 38494 in the southern Taranaki Basin, offshore New Zealand. Under a farm-in agreement with the operator of the permit, Todd Exploration, Cue will earn its interest in the block by funding 30% of the cost of drilling the Matariki-1 well.  

Sydney

  [ Change ]
 
Today

Max: 19°
Shower or two.
Tomorrow

Min: 13°
Max: 20°
Possible shower.
 

Account

Login

To access your account and listings



Remember me
   
   
   
 
 
Find Hunter Valley accommodation online