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[sharechat] CUE........eeeeeeeeeeeeee

From:	"andrew cottingham" <arco@adinfinitum.co.nz>
Date:	Mon, 11 Feb 2002 15:55:41 +1300

CUE ENERGY RESOURCES LIMITED
Something might be about to happen? 4 times normal volume today already. Suddern buying pressure. Have checked ASX nothing so far today.

Seismic tests from Oyong are due shortly. Estimates on size of Oyong obviously have to await outcome of these processes. If CUE and partners use a floating platform on this project costs would be considerably cheaper as apparently one leases floating platforms whereas permanent structures have to be bought. Accordingly CUE may not have to raise funds through a rights issue as originally thought.

Andrew

Disc. Hold CUE

Web-site http://www.cuenrg.com.au

Projects - Cue has maintained a consistent regional focus in its oil and gas operations, and currently have projects in Papua New Guinea, Australia and Indonesia and are continually reviewing new opportunities in these areas as well as in New Zealand.

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