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Melbana Advances Cuban Oil Development with $9.7M Cash Buffer
7:03pm on Monday 2nd of June, 2025 AEST
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Energy
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Melbana Advances Cuban Oil Development with $9.7M Cash Buffer
7:03pm on Monday 2nd of June, 2025 AEST
Key Points
Alameda-2 well workover scheduled for early February 2025
Drilling rig to mobilise immediately for Amistad-2 well
Melbana subsidiary approved as operator in Cuba
Oil offtake contract terms nearing finalisation
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