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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0.105 AUD | 0.00% | -4.55% | +72.13% |
04:58am | Central Petroleum Expresses Interest for Gas Supply from Mereenie Field | MT |
May. 01 | Cue Energy Resources H1 Revenue Jumps 22% to AU$29.3 Million | MT |
1st Jan change | Capi. | |
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+72.13% | 48.96M | |
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+20.87% | 80.94B | |
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+27.71% | 34.7B |
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