Cue Energy Resources advises that West Mereenie 30 development well (WM30), the second and final well in the recent Mereenie drilling program, is online and producing over 4TJ/d (100% JV) exceeding the pre-drill expectation of 3 TJ/d per well.  

The combined results of WM29 and WM30 has increased Mereenie sales gas by approximately 9 TJ/d compared to a pre-drill expectation of up to 6 TJ/d.  Mereenie field sales capacity is now 32 TJ/d. The additional Mereenie gas is being sold on an as-available basis into the Northern Territory market under recently executed Gas Sales Agreements. 

Central Petroleum, the operator of the Mereenie field, delivered the two-well development program safely, within time and budget.  

CUE has a 7.5% interest in the Mereenie Joint Venture. The other participants are Echelon Resource (42.5%), Horizon Oil (25%), Central Petroleum Limited (Operator) (25%). 

KeyFacts Energy: Cue Energy Australia country profile