A.B.N. 45 066 383 971

3 January 2014 PAGES (including this page):3

Company Announcements Office

10th Floor

20 Bond Street

Sydney NSW 2000

Naga Utara-2 Progress Report # 12

Attached please find Cue Energy Resources Limited's release with respect to the above mentioned.

Yours faithfully

Andrew M Knox

Chief Financial Officer

CUE ENERGY OVERVIEW Cue is an Australian based oil & gas company with activities in Australia, New Zealand, Indonesia and PNG.

THE COMPANY HAS: