Fortbridge Media Release

Cue Energy Resources Ltd. [ASX:CUE] - Half-Year Report for the Financial Period Ended 31 Dec. 2013

Cue Energy Resources Ltd. (ASX:CUE) has released its Half-Year Report for the Financial Period ended 31 December 2013.

Financial Summary

31 Dec. 2013 31 Dec. 2012
$000�s $000�s
Production Income 14,776 28,392
Gross Profit from Production 5,177 17,560
(Loss)/Profit after Income Tax (1,136) 3,220

Highlights:

� No Maari production for five months due to facility repairs and maintenance.

� Cash balance in excess of $50m.

� Average oil price received in excess of AUD116 per bbl.

� Farmout campaign in WA-359-P commenced.

� Renewal of PEP51149 license in the onshore Taranaki � well committed 2H 2014.

� PEP51313 free carry/drilling of Whio prospect to commence 2nd quarter calendar 2014.

� Second stage expansion of Maari field development to commence in 2nd quarter calendar 2014.

� Two wells were drilled:
o Manaia -2 PMP38160, New Zealand � plugged and abandoned � oil discovery � Moki formation.

o Naga Utara -2 Mahakam Hilir PSC, Indonesia � plugged and abandoned � indications of gas.

To view the full announcement, please see attached.

For more information please contact:

Andrew M. Knox
Chief Financial Officer
+61 3 8610 4000

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