• Investing in near-term growth through four planned development wells at Mereenie and Palm Valley
• Secured long-term contracted revenue from a pending GSA1 through to 2034
• Declared 0.25 cent per share interim dividend, returning $1.75 million to shareholders

Cue Energy Resources Ltd has reported $25.7 million revenue for the half-year ended 31 December 2025 and declared an interim dividend of 0.25 cents per share. The company is investing in near-term growth through four planned development wells at Mereenie and Palm Valley, and has secured long-term contracted revenue from a pending Gas Sales Agreement (GSA) with the NT Power and Water Corporation through to 2034, increasing Cue's Northern Territory contracted gas position by more than 150% over existing volumes. The company's production assets continued to deliver strong performance, generating $25.7 million in revenue for the half-year. Half-year profit increased by 18% to $5.1 million, with underlying EBITDAX of $13.5 million. Cue's Indonesian assets, Mahato PSC and Sampang PSC, contributed $13.8 million in revenue, while the Maari field in New Zealand delivered $5.4 million. Cue's onshore Australian assets, the Mereenie, Palm Valley and Dingo fields, contributed $6.5 million in revenue. The company remains debt-free, with a cash balance of $11.2 million at 31 December 2025, and has declared a 0.25 cent per share interim dividend, returning $1.75 million to shareholders.

Cue is planning to drill four development wells, two in the Mereenie field and two in Palm Valley, to support the additional contracted gas volumes from the pending GSA with the NT Power and Water Corporation, which is expected to be finalised shortly and run through to 2034.

Cue's focus remains on balancing sustainable shareholder returns with prudent reinvestment to support long-term value creation. The Mereenie and Palm Valley development program and the GSA that will support it will put Cue in a strong position for years to come.