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Cue Energy Extends Gas Supply Agreement Deadline with Arafura

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Cue Energy Extends Gas Supply Agreement Deadline with Arafura

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Cue Energy Resources Limited ( (AU:CUE) ) has shared an update.

Cue Energy Resources Limited has announced an extension to the condition precedent date for its gas supply agreement with Arafura’s Nolans rare earth project, now set for 31 March 2025. This extension may provide additional time for meeting conditions and ensuring continued support for the project, impacting both the company’s operation strategy and stakeholders involved.

More about Cue Energy Resources Limited

Cue Energy Resources Limited is an Australian Securities Exchange (ASX:CUE) listed company specializing in oil and gas production and exploration. Based in Melbourne, the company reported a FY2024 revenue of $49.7 million, with operations spanning the Mahato and Sampang PSCs in Indonesia, the Mereenie, Palm Valley, and Dingo fields in onshore Australia, and the Maari field offshore New Zealand.

YTD Price Performance: 0.0%

Average Trading Volume: 265,784

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: A$69.87M

For a thorough assessment of CUE stock, go to TipRanks’ Stock Analysis page.

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