Indonesian oiler's cash halves

CUE Energy Resources ended the June quarter with almost half as much cash in the bank and revenue was off 16% as it continued to grapple with its changing fortunes, a shift in Indonesian production and plans for new drilling next year.

Indonesian oiler's cash halves Indonesian oiler's cash halves Indonesian oiler's cash halves Indonesian oiler's cash halves Indonesian oiler's cash halves
While oil production from Cue's fields in Indonesia and New Zealand increased 4% to 47,421 barrels, largely as due to the timing of liftings, gas production was down in Indonesia by 17% to 512 million

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