CUE ENERGY RESOURCES LIMITED — Director's Dealing 2006

Feb 13, 2006

Cue Energy Resources Limited

Level 21 114 William Street Melbourne Victoria 3000 Australia

Telephone: (03) 9670 8668 Facsimile: (03) 9670 8661 Email: mail@cuenrg.com.au Website: www.cuenrg.com.au

TO : Company Announcements Office 10th Floor 20 Bond Street Sydney NSW 2000 DATE : 14 February 2006 PAGES (including this page):12 FROM: Andrew Knox RE : Appendix 3Y

Attached please find the Change of Director's Interest Notice for the following Directors:

Richard Tweedie Ernest Geoffrey Albers Leon Musca Kenneth Hoolihan

Yours faithfully

Andrew M Knox Public Officer

Appendix 3Y

Change of Director's Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.

Introduced 30/9/2001.

Name of entity : Cue Energy Resources
ABN : 45 066 383 971

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Richard Tweedie
Date of last notice	21 November 2005

Part 1 - Change of director's relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Direct or indirect interest	Direct
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	BB Nominees Pty Ltd
Date of change	9, 10, 13 & 14 February 2006
No. of securities held prior to change	Beneficial: 1,679,673 Ordinary fully paid shares - Beneficial in the name of R Tweedie Super Fund 239,967 Ordinary fully paid shares - Beneficial in the name of BB Nominees Pty Ltd Non Beneficial: 38,755,517 Ordinary fully paid shares - Non Beneficial in the name of Todd Petroleum Mining Company Limited 18,000,000 Ordinary fully paid shares - Non Beneficial in the name of Todd Tasman Oil Ltd
Class	Ordinary fully paid shares
Number acquired	27,025
Number disposed	NIL

$\pm$ See chapter 19 for defined terms.

Value/Consideration Note: If consideration is non-eash, provide details and estimated valuation	$27,025$ @ AUD 23 cents each
No. of securities held after change	Beneficial: 1,679,673 Ordinary fully paid shares - Beneficial in the name of R Tweedie Super Fund 266,992 Ordinary fully paid shares – Beneficial in the name of BB Nominees Pty Ltd Non Reneficial: 38,755,517 Ordinary fully paid shares – Non Beneficial in the name of Todd Petroleum Mining Company Limited 18,000,000 Ordinary fully paid shares - Non Beneficial in the name of Todd Tasman Oil Ltd
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	On Market Trade

Part 2 - Change of director's interests in contracts

Detail of contract
Nature of interest
Name of registered holder (if issued securities)
Date of change
No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed
Interest acquired
Interest disposed
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation.
Interest after change

⁺ See chapter 19 for defined terms.

I confirm the above to be correct.

. . . . . . . . . . . . . . . . . . . . Richard Tweedie

Dated 14 February 2006

$\overline{\text{+ See chapter 19}}$ for defined terms.

Appendix 3Y

Change of Director's Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.

Introduced 30/9/2001.

Name of entity : Cue Energy Resources
ABN : 45 066 383 971

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Ernest Geoffrey Albers
Date of last notice	21 November 2005

Part 1 - Change of director's relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Direct or indirect interest	Direct
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	BB Nominees Pty Ltd
Date of change	9, 10, 13 & 14 February 2006
No. of securities held prior to change	Beneficial: 5,952,140 Ordinary fully paid shares – Beneficial in the name of Ernest Geoffrey Albers 357,143 Ordinary fully paid shares - Beneficial in the name of Sacrosanct Pty Ltd 378,484 Ordinary fully paid shares - Beneficial in the name of BB Nominees Pty Ltd Non-Reneficial: 36,380,140 Ordinary fully paid shares - Non Beneficial in the name of Octanex NL 264,583 Ordinary fully paid shares – Non Beneficial in the name of Bass Strait Group Pty Ltd(BSG)
Class	Ordinary fully paid shares.
Number acquired	27.025

$\pm$ See chapter 19 for defined terms.

Number disposed	Nil
Value/Consideration Note: If consideration is non-eash, provide details and estimated valuation	27,025 @ AUD 23 cents each
No. of securities held after change	Beneficial: 5,952,140 Ordinary fully paid shares – Beneficial in the name of Ernest Geoffrey Albers 357,143 Ordinary fully paid shares – Beneficial in the name of Sacrosanct Pty Ltd 405,509 Ordinary fully paid shares - Beneficial in the name of BB Nominees Pty Ltd Nan-Beneficial: 36,380,140 Ordinary fully paid shares - Non Beneficial in the name of Octanex NL 264,583 Ordinary fully paid shares - Non Beneficial in the name of Bass Strait Group Pty Ltd(BSG)
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	On market trade pursuant to Directors Share Savings Plan.

Part 2 – Change of director's interests in contracts

Detail of contract
Nature of interest
Name of registered holder (if issued securities)
Date of change
No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed
Interest acquired
Interest disposed
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation
Interest after change

⁺ See chapter 19 for defined terms.

I confirm the above to be correct.

. . . . . . . . . . . . . . . . . . . Ernest Geoffrey Albers

Dated 14 February 2006

$\overline{\text{+ See chapter 19}}$ for defined terms.

Appendix 3Y

Change of Director's Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.

Introduced 30/9/2001.

Name of entity : Cue Energy Resources
ABN : 45 066 383 971

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Leon Musca
Date of last notice	21 November 2005

Part 1 - Change of director's relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Direct or indirect interest	Direct
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	BB Nominees Pty Ltd
Date of change	9, 10, 13 & 14 February 2006
No. of securities held prior to change	Beneficial: 982,820 Ordinary fully paid shares - Beneficial in the name of Leon Musca 149,087 Ordinary fully paid shares - Beneficial in the name of Leon Nominees 10,737,130 Ordinary fully paid shares Beneficial in the name of Portfolio Securities Pty Ltd. 204,042 Ordinary fully paid shares - Beneficial in the name of BB Nominees Pty Ltd
Class	Ordinary fully paid shares.
Number acquired	27,025
Number disposed	NIL

$\pm$ See chapter 19 for defined terms.

Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$27,025$ @ AUD 23 cents
No. of securities held after change	Beneficial: 982,820 Ordinary fully paid shares - Beneficial in the name of Leon Musca 149,087 Ordinary fully paid shares - Beneficial in the name of Leon Nominees 10,737,130 Ordinary fully paid shares Beneficial in the name of Portfolio Securities Pty Ltd 231,067 Ordinary fully paid shares - Beneficial in
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back-	On market trade pursuant to Directors Share Savings Plan.

Part 2 - Change of director's interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of "notifiable interest of a director" should be disclosed in this part.

Detail of contract
Nature of interest
Name of registered holder
(if issued securities)
Date of change
No. and class of securities to
which interest related prior to
change Note: Details are only required for a contract in relation to which the interest has changed
Interest acquired
Interest disposed
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation
Interest after change

I confirm the above to be correct.

. . . . . . . . . . . . . . . . . . . . Leon Musca Dated 14 February 2006

⁺ See chapter 19 for defined terms.

Appendix 3Y

Change of Director's Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.

Introduced 30/9/2001.

Name of entity : Cue Energy Resources
ABN : 45 066 383 971

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Ken Hoolihan
Date of last notice	21 November 2005

Part 1 - Change of director's relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Direct or indirect interest	Direct
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.
Date of change	9, 10, 13 & 14 February 2006
No. of securities held prior to change	Beneficial: 204,042 Ordinary fully paid shares - Beneficial in the name of BB Nominees Pty Ltd 1,191,144 Ordinary fully paid shares - Beneficial in the name of K Hoolihan Non Beneficial: 38,755,517 Ordinary fully paid shares - Non Beneficial in the name of Todd Petroleum Mining Company Limited 18,000,000 Ordinary fully paid shares - Non Beneficial in the name of Todd Tasman Oil Ltd
Class	Ordinary fully paid shares.
Number acquired	27,025
Number disposed	NIE.

$\pm$ See chapter 19 for defined terms.

Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	27,025 @ AUD 23 cents each
No. of securities held after change	Beneficial: 231,067 Ordinary fully paid shares - Beneficial in the name of BB Nominees Pty Ltd 1,191,144 Ordinary fully paid shares - Beneficial in the name of K Hoolihan Non Reneficial: 38,755,517 Ordinary fully paid shares – Non Beneficial in the name of Todd Petroleum Mining Company Limited 18,000,000 Ordinary fully paid shares – Non Beneficial in the name of Todd Tasman Oil Ltd
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back-	On market trade pursuant to Directors Share Savings Plan.

Part 2 - Change of director's interests in contracts

Detail of contract
Nature of interest
Name of registered holder (if issued securities)
Date of change
No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed
Interest acquired
Interest disposed
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation
Interest after change

⁺ See chapter 19 for defined terms.

I confirm the above to be correct.

. . . . . . . . . . . . . . . . . . . . Ken Hoolihan

Dated 14 February 2006

$\overline{\text{+ See chapter 19}}$ for defined terms.