$7 MILLION RELATED PARTY LOAN AGREEMENT JUNE 24th

MKTUPDTE

Mon, Jun 27 2022 08:30 am

24 June 2022
$7 MILLION RELATED PARTY LOAN AGREEMENT
New Zealand Oil & Gas subsidiary, Cue Energy Resources (ASX:CUE), has made a release that it
has entered into a $7 million, two year unsecured loan agreement with New Zealand Oil & Gas.
This agreement was executed in order to support Cue’s existing exploration and development
activities and ensure sufficient working capital remains available during expected periods of
high expenditure in the near term.
The update is attached.
New Zealand Oil & Gas has a 50.04% interest in Cue

*Please see attached CUE release on 'Related Party Loan Agreement'

For further information please contact the Company on:
email [email protected]
phone +64 4 495 2424