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Cue Energy’s cash engine strengthens as Mahato well beats expectations
9:38am on Thursday 29th of October, 2026 AEDT
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Oil and Gas
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Cue Energy’s cash engine strengthens as Mahato well beats expectations
9:38am on Thursday 29th of October, 2026 AEDT
Key Points
Quarterly cash receipts rose to A$17.5 million and closing cash to A$18.1 million
Mahato PB-42 began at 520 bopd gross, above pre-drill expectations
Palm Valley PV14 is flowing at about 0.5 TJ/d and PV15 is drilling
Sixth consecutive dividend paid, taking cumulative shareholder returns to A$35 million since 2024
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