Further disparity between Cue and NZO 2019 Annual Reports.
Another area of note where Cue and NZO have a different take from each other is the Wortel field.
The 2019 NZO Annual Report's headline graph under 'Production' shows the Wortel field fully depleted by 2029. No mention of any work being undertaken to extend the life of this field, or its current contribution that I can find anywhere in this report unless I've missed something.
Queue the Cue report (pun intended) for 2019. Right off the top under the CEO Report and Overview of Operation and Finances section:
"Planning is currently underway and development of the Paus Biru field will provide both a new revenue source and extend the life of the existing Oyong and Wortel field."
and
"Oyong and Wortel fields continued to be strong contributors to Cue’s cash flow in their first full year of production as gas only fields, with steady production and significantly reduced costs."
So what else are we missing from NZO?