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Cue Energy Secures Multi-Year Gas Contract and Commences New Palm Valley Wells
10:12am on Monday 13th of April, 2026 AEST
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Energy
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Cue Energy Secures Multi-Year Gas Contract and Commences New Palm Valley Wells
10:12am on Monday 13th of April, 2026 AEST
Key Points
3.2 PJ of Cue's gas contracted through 2034 with take-or-pay and CPI-indexed pricing
Final Investment Decision made to drill two new wells at Palm Valley, drilling from mid-2026
Agreement replaces previous Letter of Intent with Power and Water Corporation
Palm Valley JV partners include Central Petroleum, Echelon, and Cue
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