Tag: MAY
Melbana Energy farms out Cuban oil block to Sonangol
Australian oil and gas junior Melbana Energy (ASX: MAY) is farming out up to 70% of its stake in an onshore oil block in Cuba to Angola’s state-owned oil company Sonangol.
Sonangol produces more th...
Melbana Energy inks agreement with major Chinese investment firm to drill Cuban oil wells
Junior oil explorer Melbana Energy (ASX: MAY) is a step closer to being a Caribbean oil producer after signing a farm-out agreement with Anhui Modestinner Energy to drill at its Alameda-1 exploration ...
Melbana Energy to lock in farm-in partner ahead of Cuban oil drilling
Junior oil explorer Melbana Energy (ASX: MAY) has been given the green light by Cuban regulators to drill its Alameda-1 exploration well on the country’s north coast and is just waiting on a secured f...
Melbana Energy collects 600 barrels of oil a day at discovery
Australian-based explorer Melbana Energy (ASX: MAY) and its joint venture partners have submitted a notice of discovery to New Zealand’s oil regulator after exceeding expectations during testing of th...