Commissioning Underway at Oyong Field

Cue is pleased to announce that the Seagood 101 production barge is on location on the Oyong field and commissioning has begun in preparation for first oil, which is expected in September 2007.

The Oyong field is located in the Sampang Production Sharing contract area, offshore East Java, Indonesia.

The participants in PRl-08 are:

Santos (Sampang) Pty Ltd                 45% (Operator) 
Singapore Petroleum Sampang Ltd          40% 
Cue Sampang Pty Ltd                      15% 
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