Cue Energy Resources Limited (AU:CUE) has released an update.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Cue Energy Resources Limited has announced an Expression of Interest for the supply of gas from the Mereenie field, with potential delivery of up to 40TJ/d from mid-2024 to the end of 2030. New Zealand Oil & Gas Limited, with a significant stake in the venture, is also set to increase its interest in the Mereenie licenses to 42.5%, following a purchase agreement. The company’s portfolio includes various energy assets across Australasia and Indonesia, emphasizing ethical development, strong ESG standards, and strategic exploration.
For further insights into AU:CUE stock, check out TipRanks’ Stock Analysis page.