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Cue Energy: Gas supply agreement with Incitec Pivot

22 Dec 2023 11:18 AM | Stephanie Berlin (Administrator)

Cue Energy Resources Limited (ASX: CUE) is pleased to announce that it has executed a Gas Supply Agreement (GSA) with Incitec Pivot Fertilisers Limited.

The GSA is for firm gas supply with take-or-pay provisions and the price reflects current market conditions.

The gas will be aggregated with gas from other Palm Valley joint venturers, Central Petroleum and New Zealand Oil & Gas, to supply a total of 1.74 PJ.

The Central Petroleum release is attached.

Cue holds a 15% participating interest, New Zealand Oil & Gas a 35% participating interest and Central Petroleum (Operator) a 50% participating interest in the Palm Valley license. 

Click here to view the full announcement and media release 

Source: Cue Energy

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