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Melbana Advances Cuban Oil Development with $9.7M Cash Buffer

5:23pm on Thursday 23rd of January, 2025 AEDT Energy
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Melbana Advances Cuban Oil Development with $9.7M Cash Buffer

5:23pm on Thursday 23rd of January, 2025 AEDT
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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