Cue Energy Resources has provided an update that the PB-2 well in the Mahato PSC has been drilled. Cue has a 12.5% interest in the Mahato PSC. New Zealand Oil & Gas has a 50.04% interest in Cue. Cue Energy Resources Limited (the Company) announced that though its 100% subsidiary, Cue Mahato Pty Ltd. (Cue), it has been informed by the Operator of the Mahato PSC, Texcal Mahato EP Ltd, that the PB-2 well has been drilled.