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Cue Energy Resources Limited ( (AU:CUE) ) has provided an announcement.
Cue Energy Resources Limited reported a production of 1,630 barrels of oil equivalent per day for the quarter ending June 2025, with cash receipts totaling $11.1 million. The company achieved significant milestones, such as a 29% increase in cash receipts from its onshore Australian assets and the Maari field in New Zealand reaching 50 million barrels of oil produced. Despite challenges like lower oil prices and maintenance issues, Cue’s diversified portfolio and strategic developments, including potential increased interest in the Paus Biru gas project, position the company for stable growth and future exploration opportunities.
More about Cue Energy Resources Limited
Cue Energy Resources Limited is an energy company involved in the exploration and production of oil and gas. The company operates primarily in Australia, Indonesia, and New Zealand, focusing on both onshore and offshore assets. Its market focus includes developing and managing energy resources through strategic drilling and production activities.
Average Trading Volume: 282,395
Technical Sentiment Signal: Buy
Current Market Cap: A$83.89M
For a thorough assessment of CUE stock, go to TipRanks’ Stock Analysis page.