The Ocean Apex semi-submersible drilling rig was handed over to
The rig is now being mobilised to the Ironbark-1 well location, with standard rig inspection and acceptance procedures being undertaken by
Exploration permit WA-359-P is located in the
The WA-359-P Joint Venture participating interests are:
Cue 21.5%
Any queries regarding this announcement should be directed to the Company on +61 3 8610 4000 or email mail@cuenrg.com.au.
About Cue Energy
Forward Looking Statements
Various statements in this release constitute statements relating to intentions, future acts and events. Such statements are generally classified as forward looking statements and involve unknown risks, expectations, uncertainties and other important factors that could cause those future acts, events and circumstances to differ from the way or manner in which they are expressly or impliedly portrayed herein.
Some of the more important of these risks, expectations and uncertainties are pricing and production levels from the properties in which the Company has interests and the extent of the recoverable reserves at those properties. In addition, the Company has a large number of exploration permits. Exploration for oil and gas is expensive, speculative and subject to a wide range of risks. Individual investors should consider these matters in light of their personal circumstances (including financial and taxation affairs) and seek professional advice from their accountant, lawyer or other professional adviser as to the suitability for them of an investment in the Company.
Contact:
Tel: 61 3 8610 4000
Fax: 61 3 9614 2142
Email: mail@cuenrg.com.au
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