Cue outlines four new wells for Maari oil and gas field next year

Thu, 09 Aug 2012

By Pattrick Smellie Aug 9 (BusinessDesk) - Cue Energy has unveiled plans to drill four new oil wells next year to increase oil production from the Taranaki offshore oil and gas field, Maari. The four wells and a new water injector well are on the agenda as the partners in the field assess 3-D seismic survey information covering not only the Maari field, but the highly prospective adjoining Whio field, which has no producing wells at present. The concept plans for Maari were presented to the New Zealand Oil and Gas Conference yesterday by the...

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