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BRIEF-Cue Energy Resources Says During Quarter, $5.1 Million In Production Revenue Was Received

Published 24/07/2020, 09:46 am
© Reuters.
CUE
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July 24 (Reuters) - Cue Energy Resources Ltd CUE.AX :

* CUE ENERGY RESOURCES- DURING QUARTER, $5.1 MILLION IN PRODUCTION REVENUE WAS RECEIVED

* CUE ENERGY RESOURCES LTD - MR6A AND MR2 WELLS HAVE BEEN OFFLINE SINCE MARCH DUE TO TECHNICAL ISSUES

* CUE ENERGY RESOURCES- 29,322 BBLS OIL SALES, AT AN AVERAGE PRICE OF $36.01/BBL FOR QUARTER

* CUE ENERGY RESOURCES LTD - JUNE QUARTER OIL PRODUCTION (NET TO CUE) 21,348 BBL VERSUS 29,448 BBL MARCH QUARTER

* CUE ENERGY RESOURCES - COVID-19 RESTRICTIONS, ENTRY PROCESSES FOR TECHNICIANS INTO NZ LIKELY TO RESULT IN MINOR COST INCREASES & TIME DELAYS

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