Environment Stewardship Cue works closely with our operators and joint venture partners to mitigate the environmental impact of our operations. Ongoing and recently completed projects illustrate our dedication: – Installation of solar panels at the Wortel Wellhead platform – Implementation of a flare gas recovery project at Mereenie to reduce flared gas usage – Evaluation of solar power as a substitute for diesel power generation at the PB field in the Mahato PSC – Upgrade of water production facilities on the Maari FPSO with advanced reverse osmosis units and improved onboard boiler efficiency to minimise fuel consumption We report our estimated emissions risks in compliance with the Task Force for Climate-Related Financial Disclosures (TCFD) guidelines within this Shareholder report. All New Zealand emission are offset though the purchase of NZUs, while corporate emissions are mitigated through tree planting initiatives. Central Petroleum, the operator of Cue’s onshore Australia Assets in the Northern Territory, maintains a close partnership with the Traditional Owners in the area, providing employment and training opportunities at our operations. A significant number of Centrals’ Northern Territory staff live locally or are indigenous, and local contractors are utilised at the operations where possible. Central Petroleum engages in constructive dialogues with Traditional owners across Mereenie, Palm Valley and Dingo, fostering transparency, sharing plans, discussing performance and gathering input on matters requiring community support. Central financially supports various community groups, including literature and indigenous art programs and operational costs for community centres in remote communities, as well as sponsoring local AFL sporting clubs the Pioneer Eagles and Western Arranta Bulldogs and local softball and basketball programs. OMV New Zealand continues its partnership with numerous community organisations in the Taranaki area. Their enduring relationships encompass supporting the Taranaki Air Ambulance Service, the Rotakare Scenic Reserve Trust, and recent involvement in extensive tree planting projects. OMV New Zealand also supports the Roderique Hope Trust, offering aid to the increasing homeless population in Taranaki. Sampang PSC: Road Construction in Banajar Talela village Sustainability report continued Onshore Australia: Sponsorship of local AFL teams 18 Cue Energy Resources Limited Annual Report 2023
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