Cue Energy Resources Limited announced that it has executed a new Gas Supply Agreement (GSA) with South32 Cannington Pty Ltd. (South32) to supply 0.16 PJ of gas over two years, commencing 1 January 2023. The GSA is for firm gas supply, with take-or-pay provisions and a fixed price. Gas supplied under the GSA will be aggregated with gas from the Mereenie Joint Venture (Macquarie Mereenie (50%), Central Petroleum (25%), New Zealand Oil & Gas (17.5%) and Cue (7.5%)) to deliver up to a total of 2.19 PJs to South32 over the two-year term, commercialising a portion of existing Mereenie uncontracted gas production for the period.
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5-day change | 1st Jan Change | ||
0.105 AUD | -4.55% | -4.55% | +72.13% |
May. 01 | Cue Energy Resources H1 Revenue Jumps 22% to AU$29.3 Million | MT |
Apr. 15 | Cue Energy Resources' Mereenie Gas Field Operator Executes Gas Supply Agreement to End-2024 | MT |
1st Jan change | Capi. | |
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+72.13% | 48.42M | |
+5.03% | 143B | |
+57.69% | 129B | |
+20.48% | 81.77B | |
+7.57% | 74.77B | |
+6.46% | 56.36B | |
+11.27% | 49.26B | |
+30.38% | 36.06B | |
-7.82% | 35.89B | |
+10.64% | 31.71B |
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