BHP takes operatorship of WA project

Miner, Cue Energy lift holdings in WA-389-P petroleum exploration project.

BHP Billiton Ltd has increased its stake and taken operatorship of the WA-389-P petroleum exploration project in Western Australia's Carnarvon Basin.

In a statement to the Australian Securities Exchange, Cue Energy Resources Ltd said both it and BHP Billiton had increased their respective stakes in the operation (see Robert Gottliebsen's Making BHP more like CBA).

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