|
Printable version |
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.
|
|