CORRECTION Cue sticks with 3-5 wells a year in hunt for 'transformational growth'

Tue, 02 Oct 2012

By Pattrick Smellie (removes reference to "million" in 4th para) Oct. 2 (BusinessDesk) - Cue Energy Resources is sticking with its strategy to seek "transformational growth" by involvement in three to five exploration wells a year, despite disappointments and ambiguity in such activities during the last financial year. Commenting in the annual report, chief executive John Paton said Cue was also evaluating opportunities to farm in to known resources and producing assets for incremental value creation. "The aim is to accelerate the building...

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