EXPLORATION

Oil strike for Cue

CUE Energy Resources' first Indonesian well of 2016 has resulted in a shallow oil discovery that will be cased and suspended for testing, and CEO David Biggs told <i>Energy News</i> he thinks it has a good chance of flowing to surface, either naturally or with artificial lift.

Naga Selatan-2 was drilled safely to a total depth of just 360m of a planned 680m, after intersecting numerous oil and gas shows in an anticline. Despite terminating the drilling early because of pressure...

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