Cue Energy Resources on credit facility from New Zealand Oil & Gas

Cue Energy Resources

24/06/2022 03:57

** Shares of Cue Energy Resources  CUE.AX  jump up to 4.4%
to A$0.071, marking their best day since May 27 
    ** Stock posts biggest weekly gain in three
    ** Oil and gas co receives a two-year unsecured loan of A$7
million from New Zealand Oil & Gas  urn:newsml:reuters.com:*:nFWN2YA0XU
    ** Funds raised will be used to support co's existing
exploration and development activities, among others
    ** As of last close, stock is down 1.5% this year

 (Reporting by Navya Mittal in Bengaluru)
 ((navya.mittal@thomsonreuters.com))