close
MENU
Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
2 mins to read

Cue's oil discovery perks up its shares and NZ Oil & Gas

Cue Energy has struck oil but has yet to reveal how much and whether it's commercial. With special audio feature.

Jenny Ruth
Thu, 04 Feb 2016

Even with oil prices in the basement, an oil discovery can still perk up a company’s share price.

When Australia-based Cue Energy announced late yesterday it had struck oil in a well it had been drilling in Indonesia, its share price shot up 37%.

The share price of its 48%  shareholder, New

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Jenny Ruth
Thu, 04 Feb 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Cue's oil discovery perks up its shares and NZ Oil & Gas
55249
true