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Cue Energy Advances Four-Well Drilling with Long-Term Gas Deal in NT
10:24am on Monday 15th of December, 2025 AEDT
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Energy
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Cue Energy Advances Four-Well Drilling with Long-Term Gas Deal in NT
10:24am on Monday 15th of December, 2025 AEDT
Key Points
Binding LOI signed for early works on four-well drilling program
Drilling planned at Mereenie and Palm Valley fields starting mid-2026
Conditional long-term gas supply agreements targeted through 2034
Provision for cost reimbursement if binding agreements not finalized by February 2026
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