Cue grabs Kutei acreage

摘要

Cue Energy Resources has completed the acquis - ition of 100% of SPC Mahakam Hilir, which holds 60% of the Mahakam Hilir PSC in the prolific Kutei basin, onshore Kalimantan, Indonesia. Cue said it has identified a robust drill-ready oil prospect, Naga Selatan-2 (Southern Dragon), which could contain 25m bbl of recoverable oil and lies along trend from the large Sei Nangka and South Pelarang oil fields.