Mahato PSC Farmdown to Cue Energy Resources Limited
November 21, 2014
Cue Farms-in to Highly Prospective Onshore Acreage, Indonesia
Melbourne, 21 Nov 2014: Cue Energy Resources Limited (ASX:CUE and the Company)
is pleased to announce the execution of a farm-in agreement with Bukit Energy Central
Sumatra (Mahato) Pte Ltd (Bukit) to acquire a 12.5% participating interest in the Mahato
Production Sharing Contract (PSC) onshore Central Sumatra, Indonesia, subject to
Indonesian Government approval. Bukit will maintain a 25% participating interest in the
PSC after the transaction.
Read More – Cue Farms-in to Highly Prospective Onshore Acreage – Indonesia