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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

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Jenny Ruth
Thu, 04 Feb 2016
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Cue's oil discovery perks up its shares and NZ Oil & Gas
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