“Cue is proceeding with planning for the drilling of the NagaUtara-4 well and is currently seeking partners to participate in the Mahakam Hilir PSC “.
Considering the relative low cost of drilling and the available market for gas and oil in the area why are there no apparent willing partners to be found?. The repeated “seeking partners” release is not a good sign of future progress.
Mahakam Hilir PSC;
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