Melbana Energy Limited (MAY:ASX)

2.6¢

right-arrow Created with Sketch. -0.002 (-7.14%)
MCAP $74.85M
Last trade 16.10pm 19/10/2021 20mins delayed

Latest Announcements

19/10/2021 Price SensitivePSMAYMelbana Energy Limited
12/10/2021 Price SensitivePSMAYMelbana Energy Limited
06/10/2021MAYMelbana Energy Limited
05/10/2021MAYMelbana Energy Limited
05/10/2021 Price SensitivePSMAYMelbana Energy Limited
30/09/2021 Price SensitivePSMAYMelbana Energy Limited
30/09/2021MAYMelbana Energy Limited
29/09/2021MAYMelbana Energy Limited

Company Overview

Melbana Energy Limited is an Australia-based oil and gas company. The Company’s principal activities include oil and gas exploration in Cuba and Australia together with development concepts for the Tassie Shoal Methanol and Timor Sea LNG Project. Its operations include Cuba - Block 9 Production Sharing Contract (PSC), Cuba - Santa Cruz, WA-488-P, WA-544-P, NT/P87 and Tassie Shoals. Cuba - Block 9 PSC covers approximately 2,344 square kilometers onshore on the north coast of Cuba, approximately 140 km east of Havana in a proven hydrocarbon system and along trend with the multi-billion-barrel Varadero oil field. The Santa Cruz oil field is located approximately 45 kilometers from Havana between Boca de Jaruco and Canasi oil fields and approximately 150 kilometers west of Melbana’s existing Cuba - Block 9 PSC. WA-488-P contains the Beehive prospect with its prospective resource of up to 1.4 billion barrels of oil. The Beehive is located near to ENI’s producing Blacktip gas field.

MAY in the news

Melbana Energy (MAY) has undertaken electric logging at the drilled section of…
Melbana Energy (MAY) strikes a strong influx of gas with some oil…
Melbana Energy’s (MAY) Alameda-1 well has intersected 670 metres of oil showsThe…
Melbana Energy (MAY) shares welcomed the discovery of live oil during ongoing…

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