Cue Energy Resources Limited · ASX:CUE
Cue Energy Resources — Shareholder Meeting (October 2025)
18 slides from Cue Energy Resources's shareholder meeting presentation, Oct 22, 2025
Slide 1: Managing a High-Quality Portfolio, Delivering Sustainable Production, Returning Attractive Dividends
Managing a High-Quality Portfolio ASX: CUE Cue Energy Resources Limited Delivering Sustainable Production Annual General Meeting Presentation Returning Attractive Dividends 22 October 2025
Slide 2: Disclaimer and Important Notices
Disclaimer and Important Notices Various statements in this document may constitute statements relating to intentions, opinion, expectations, present and future operations, possible future events and future financial prospects. Such statements are not statements of fact and are generally classified
Slide 3: An Attractive High Yield Investment
An Attractive High Yield Investment Long term sustainable cash flow generating oil and gas production assets across Australia, Indonesia, and New Zealand Managing • Portfolio of non-operated production assets delivering $55 million annual a high-quality portfolio revenue(1) • Production of oil and g
Slide 4: Operational and Financial Performance: FY25 Financial Highlights
Operational and Financial Performance: FY25 Financial Highlights(1) Continuing to Deliver Strong Operational Performance, Investment Discipline and Cashflow Generation Revenue Net Profit After Tax EBITDAX $54.8 $6.3 million $30.3 million million Indonesia $29.9m Australia $12.5m Net Cash (2) Final D
Slide 5: Diversified Portfolio of Production Assets
Diversified Portfolio of Production Assets Generating Strong Free Cash Flow from Four Key Production Assets Mereenie/Palm Mahato PSC Jakarta Valley/Dingo Interest 11.25% Office Interest 7.5 – 15% Onshore oil production Onshore gas and oil production $23.5 million revenue $12.5 million revenue Maari
Slide 6: Executing a Clear Strategy
Executing a Clear Strategy Disciplined Investment and Shareholder Returns Maximise Value from Existing Assets ❑ Mahato continued development and exploration drilling Attractive Shareholder Returns ❑ Paus Biru Gas Development pending FID Growth in Known Areas ❑ 14% FY2025 Dividend yield ❑ Sampang PSC
Slide 7: Market Performance and Valuation
Market Performance and Valuation Strong Balance Sheet and Market Performance with Modest Valuation 1c Final Dividend Declared 0.5c Final Dividend Declared 0.13 23 August 2024 22 August 2025 6,000,000 Market Capitalisation (15/10/25) $80.4 million 1c Interim Dividend Declared 25 February 2025 $ $ Sha
Slide 8: High Margin Asset Base
High Margin Asset Base FY2025 Delivered Further Strong Operational and Financial Performance Annual Operating Revenue FY25 Revenue and Gross Margin A$ million A$ million 25 60% 60 50 50% 20 40 40% 15 30 30% 10 20 20% 5 10 10% 0 0 0% Jun-21 Jun-22 Jun-23 Jun-24 Jun-25 Maari Mahato Sampang Australia I
Slide 9: Strong Free Cash Generation
Strong Free Cash Generation Enables Dividend Payments While Reinvesting to Sustain Production FY25 Cashflow $ million 21 6 52 1 15 24 14 0 16.3 10.8 Opening Cash 1 July Receipts from Payments to Suppliers Taxes, Royalties and Exploration Net Cash from Net Cash used in Dividends FX Closing Cash 30 Ju
Slide 10: Asset and Commodity Diversity
Asset and Commodity Diversity Consistent Production Backed by a Diversified Asset Portfolio FY25 Revenue by Country Net Production Australia 700,000 Barrels of Oil Equivalent 23% 600,000 Indonesia $54.8m 54% 500,000 New Zealand 23% 400,000 FY25 Revenue 300,000 by Product 200,000 Gas 32% 100,000 $54.
Slide 11: Mahato PSC: Indonesia
Mahato PSC: Indonesia Ongoing Development Drilling and Exploration ▪ 11 new production wells added during FY25 ▪ 2,000 barrels of oil per day initial production added from two new wells YTD FY26. Three more wells expected in the near term. ▪ Future focus shift to development of the Telisa reservoir,
Slide 12: Sampang PSC: Indonesia
Sampang PSC: Indonesia Paus Biru Development Concept Gas Production with Paus Biru Development Upside New Paus Biru Wellhead Platform ▪ Oyong and Wortel gas production enhancement through onshore compression installation in Q2 FY26 ▪ Paus Biru gas development FID and 20-year permit extension applica
Slide 13: Australian Onshore Gas
Australian Onshore Gas Mereenie, Palm Valley and Dingo Fields Supplying Natural Gas to Northern Territory and Eastern Australia ▪ Mereenie, Palm Valley and Dingo continue to deliver gas reliably, providing stable cashflow from term contracts ▪ WM29 and WM30 development wells continue to perform abov
Slide 14: Maari Oilfield: New Zealand
Maari Oilfield: New Zealand Focusing on Production Optimisation and Cost Reduction ▪ Continuing strong production with August average of 5,600 bopd the highest in 5 years ▪ 50 million barrel production milestone achieved ▪ 10-Year permit extension granted to 2037 provides time for investigation of f
Slide 15: Sustainability
Sustainability Working with Partners to Support Local Communities and Reduce Emissions 15 Cue Energy 2025 AGM | October 2025
Slide 16: Investment Recap
Investment Recap High Performing Portfolio Supports Attractive Dividends and Valuation Managing Delivering Returning Diversified Field Attractive Oil and Gas Expansion Dividend Production Options Yield Strong Free Balance Modest Cashflow Sheet Valuation Generation Strength Multiples 16 Cue Energy 20
Slide 17: Cue Energy Resources Limited
Cue Energy Resources Limited Level 3, 10 Queen Street Melbourne, Victoria, AUSTRALIA 3000 P (+61) 3 8610 4000 F (+61) 3 9614 2142 E mail@cuenrg.com.au W www.cuenrg.com.au ASX:CUE 17 Cue Energy 2025 AGM | October 2025
Slide 18: Appendix 1: Cue Reserves and Resources
Appendix 1: Cue Reserves and Resources 30 June 2025 – Net to Cue Governance arrangements and internal controls Cue estimates and reports its petroleum reserves and resources in accordance with the definitions and guidelines of the Petroleum Resources Management System 2018 (SPE-PRMS), published by t
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