Australia's Cue Energy rises on gas supply agreement

Cue Energy Resources

15/12/2022 02:50

** Shares of Cue Energy Resources Ltd  CUE.AX  rise as much
as 3.1% to A$0.066 - set for best day since Nov. 25, if gains
hold 
    ** The oil and gas co signs a gas supply agreement with
South32 Cannington Pty Ltd for supply of gas from its Mereenie
field  
    ** Says agreement to supply 0.16 petajoules of gas into the
East Coast domestic market for a 2-yr term from Jan. 1, 2023  
    ** Shares down ~7% YTD, as of last close 
 (Reporting by Ayushman Ojha in Bengaluru)
 ((Ayushman.ojha@thomsonreuters.com))