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Cue Energy Boosts Production and Returns $7M Dividend Amid Key Project Advances
5:49am on Monday 2nd of June, 2025 AEST
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Energy
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Cue Energy Boosts Production and Returns $7M Dividend Amid Key Project Advances
5:49am on Monday 2nd of June, 2025 AEST
Key Points
Production increased to 1,700 barrels of oil equivalent per day
Cash receipts up 17% to $15.3 million for the quarter
Paid $7 million dividend, totaling $28 million over 18 months
Successful drilling of Mereenie WM29 and WM30 wells added 9 TJ/d gas production
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