Cue Energy Resources Limited · ASX:CUE
Cue Energy Resources — Shareholder Meeting (July 2021)
10 slides from Cue Energy Resources's shareholder meeting presentation, Jul 28, 2021
Slide 1: General Meeting of Shareholders
CUE ENERGY RESOURCES LIMITED For personal use only ASX:CUE General Meeting of Shareholders 28 July 2021
Slide 2: Disclaimer and Important Notice
Disclaimer and Important Notice Various statements in this document constitute statements relating to intentions, opinion, expectations, present and future operations, For personal use only possible future events and future financial prospects. Such statements are not statements of fact, and are gen
Slide 3: Amadeus Basin Asset Acquisition
Amadeus Basin Asset Acquisition Onshore Northern Territory • Cue to acquire interests in Mereenie, Palm Valley and Dingo onshore gas and oil fields from For personal use only Central Petroleum located in the Amadeus Basin, Northern Territory, Australia • Each asset is currently in production with de
Slide 4: Gas and oil Production Assets
Gas and oil Production Assets Development and Exploration upside Meerenie field re-completions and drilling . Source Central Petroleum • Each asset is currently in production For personal use only with development/ exploration plans • Immediate development from Mereenie recompletions and infill well
Slide 5: Acquisition of reserves
Acquisition of reserves >350% increase in Cue 2P reserves* Cue Energy Resources Reserves For personal use only mmboe 7 6 5 4 3 2 1 0 1P 2P 2C 30-Jun-20 Amadeus Addition * Subject to transaction completion Sources: ASX release 25 May 2021 “Acquisition of Australian production Assets” 5 Cue Energy Res
Slide 6: Gas Sales into Strong East Coast Market
For personal use only Gas Sales into Strong East Coast Market • Produced gas is sold on short and long term contracts • The Northern Gas pipeline connects the Northern Territory to the Australian East Coast gas system Source: Australian Energy Market Opertor. March 2021. Gas Statement of Opportuniti
Slide 7: Cross Security Deed
Cross Security Deed Joint Venture participants post completion For personal use only Mereenie Palm Valley Dingo Joint Venture Joint Venture Joint Venture Cue 7.5% 15% 15% Central 25% 50% 50% Petroleum New Zealand 17.5% 35% 35% Oil & Gas Macquarie 50% - - Mereenie • Each Joint Venture is governed by
Slide 8: ASX Listing Rule 10.1
ASX Listing Rule 10.1 • Shareholder approval is required under Listing Rule 10.1 where an entity proposes to For personal use only dispose of a substantial asset to a person who is, or was at any time in the 6 months before the transaction or agreement, a substantial (10%) holder in the entity; • Th
Slide 9: General Meeting of Shareholders: Resolution to be voted on
General Meeting of Shareholders Resolution to be voted on: For personal use only Resolution 1 seeks Shareholder approval for CUE and the CUE Project Entities to grant the Security to New Zealand Oil & Gas Limited (ASX:NZO) (NZOG) and the NZOG Project Entities pursuant to Deeds of Cross Security gran
Slide 10: For personal use only
For personal use only 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 Cue Energy Resources Limited
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