CUE-> Pantheon of small oil stocks

[spike]

I just put up a lengthy post on HC about a valuation for our PNG assets, and based on inground resource, we could get a deal for $30million (based on the HZN P3GE deal)...
When Kimu, Barikewa go into production stage, I reckon these two projects could be worth $250 million dollars to us...
It is quickly coming time for the market to realise that our PNG assets are worth big money in the future and that at least some premium must be attached for that...We will ride on the coat tails of PNG LNG and OSH, and for some sort of realisation to happen... The sooner, the better...

and happen all for free because theres no way the market is even putting $10m worth on the market cap for our PNG assets...
This is 'CSG' sort of leverage...
read what I said on HC...

.^sc

What is HC

[Jay]

What is HC

Hot Cooper - another share forum - read and beware

[geezy]

cue pls weaken so i can add more :P

[brettdale]

Hot Cooper - another share forum - read and beware

The general stock forum on hotcopper is full of rampers, they never get it right.

But the daytrading forum there is pretty much spot on.

The poster who calls themselves IPod is excellent IMHO with his picks.

[sharer]

The general stock forum on hotcopper is full of rampers, they never get it right.

But the daytrading forum there is pretty much spot on.

The poster who calls themselves IPod is excellent IMHO with his picks.

What's the HC url?

[trackers]

Well, CUE floundering around on rubbish volumes today... Thin sell side..

Sharer, the URL is the first url you see when you type "Hotcopper" into Google! hotcopper.com.au unsurprisingly

[STRAT]

What's the HC url?

Best wear protective clothing in there mate

[JBmurc]

looks like my top-up in CUE at 21c was a smart move announcement out now-

WA-360-P Farm-out Progress Report
Key Points:
• Timeframe for submission of indicative offers has now closed
• Process to complete binding transaction by 30th September remains on track
MELBOURNE, AUSTRALIA (September 1st, 2009) - MEO advises that the period in
which to submit indicative offers to farm-in to the Company’s WA-360-P permit has now
closed. Indicative offers are being evaluated ahead of entering into further negotiations aimed
at reaching a binding agreement. The Company remains on track to complete a farm-in
transaction by 30th September as previously advised.

More than happy with my 210,000 cue av 16.5c

[trackers]

Ocean Patriot on the way... Spikey beach to spud within a week.

RELEASE

Spikey Beach -1 Update
T/38P – Bass Basin


Beach Petroleum Limited, the operator for a designated area of interest within permit T/38P, and
the Spikey Beach-1 well, reported today (03/09/2009) that:

“The Ocean Patriot semi-submersible drilling rig is expected to be released to Beach for the
drilling of the Spikey Beach-1 exploration well in T/38P, in the Bass Basin offshore Tasmania
later today. Beach is the operator for the well and will be earning 80% in the Spikey Beach
farmout blocks through the drilling of the well. Spikey Beach-1 will be targeting mean
recoverable oil of 16 million barrels and a high side of 41 million barrels (recoverable) of oil in
the Upper Eastern View Group. The well is expected to spud early next week, dependent upon
weather conditions.

The participants in Spikey Beach-1 well are:

Beach Petroleum Limited (operator) 80%
Galveston Mining (100% Cue Energy Resources Subsidiary) 10%
Exoil Ltd 10%

http://www.stocknessmonster.com/news...E=ASX&N=323352

Anyone have an idea of how long this is expected to take to drill?

[trackers]

Drilling report out. Hydrocarbons present in Manaia..