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 | ||
0.1 AUD | +1.01% | +1.01% | +63.93% |
May. 17 | 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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+63.93% | 45.98M | |
+5.08% | 288B | |
+63.46% | 134B | |
-2.39% | 131B | |
+12.44% | 75.26B | |
+0.53% | 69.07B | |
+1.29% | 52.74B | |
+2.53% | 45.31B | |
-12.40% | 34.01B | |
+25.08% | 33.94B |
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