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Cue Energy Highlights New Gas Deal as Key Reason to Reject Horizon Offer

12:12pm on Tuesday 14th of April, 2026 AEST Energy
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Cue Energy Highlights New Gas Deal as Key Reason to Reject Horizon Offer

12:12pm on Tuesday 14th of April, 2026 AEST
Key Points
  • Cue signs binding gas sales contract with Northern Territory Government
  • Two new Palm Valley wells approved to support 3.2 PJ contracted gas volume
  • Independent Board Committee unanimously recommends rejecting Horizon’s offer
  • Horizon holds no stake in Palm Valley Joint Venture, missing out on new contract benefits
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