Cue Energy Resources Limited Announces New East Coast Gas Supply Agreement

Cue Energy Resources Limited is an Australia-based oil and gas production and exploration company. The Company has a diversified mix of gas and oil production assets in Australia, Indonesia, and New Zealand. In Australia, the Company has interests in three production assets (Mereenie, Palm Valley and Dingo fields) in the Amadeus Basin, onshore Northern Territory. The Mereenie field produces gas, which is transported through the Northern Gas pipeline to the Eastern Australia gas market. The Palm Valley field is about 100 kilometers (km) west of Alice Springs and produces gas, which is transported through the Amadeus and Northern Gas pipeline and sold into Northern Territory and Eastern Australia Gas Markets. The Dingo field produces gas, which is processed at the Brewer Estate processing facility. In New Zealand, it holds about 5% interest in Petroleum Mining Permit (PMP) 38160, which is in the Taranaki Basin. In Indonesia, it holds interests in Mahato PSC and Sampang PSC.