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Cue Energy Resources finds oil in Indonesia

04 Feb 2016

Australia’s Cue Energy Resources has announced that the Naga-Selatan-2 well (NS-2) has discovered oil. Located in the Kutai Basin, Indonesia, the well was purposely designed to test a shallow anticlinal closure with potential hydrocarbons near the surface. 

NS-2 is the first onshore well to be drilled by Cue as an operator and has recently been suspended to allow for future production testing.

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