Fortbridge Media Release

Cue Energy [ASX:CUE] - Cue Farms-in to Highly Prospective Onshore Acreage, Indonesia

Cue Energy Resources Limited (ASX:CUE and the Company) is pleased to announce the execution of a farm-in agreement with Bukit Energy Central Sumatra (Mahato) Pte Ltd (Bukit) to acquire a 12.5 per cent participating interest in the Mahato Production Sharing Contract (PSC) onshore Central Sumatra, Indonesia, subject to Indonesian Government approval. Bukit will maintain a 25 per cent participating interest in the PSC after the transaction.

The 5,600 sq km Mahato PSC is located in a highly prospective area in the prolific Central Sumatra basin close to several producing oil fields, including the largest onshore oil fields of Indonesia; the Minas oil field (over 5 billion barrels) and the Duri oil field (over 3 billion barrels). The block contains multiple appraisal and exploration drilling opportunities with 2 wells currently planned for 2015.

The terms of the farm-in agreement provide that Cue contributes to the costs for seismic and drilling of Bukit but remain confidential due to current discussions by Cue to capture other exploration opportunities in Indonesia.

The Mahato farm-in is consistent with Cue�s strategy of deepening its exploration portfolio by participating in highly prospective onshore acreage in Asia and Australia with short commercialisation timeframes. We are very excited about our position in the Mahato acreage and the potential for significant near-term value, Cue CEO David Biggs said.

To view the full announcement please refer to the attachment.

For further information please contact:

David Biggs
Chief Executive Officer
T: (03) 8610 4000
E:

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