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Why Melbana’s Amistad-2 Drilling Could Transform Its Cuban Oil Play

9:26pm on Friday 29th of August, 2025 AEST Energy
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Why Melbana’s Amistad-2 Drilling Could Transform Its Cuban Oil Play

9:26pm on Friday 29th of August, 2025 AEST
Key Points
  • Rig mobilised for Amistad-2 with drilling to start mid-September
  • Over 30,000 barrels of oil currently in inventory from Alameda-2 well
  • Permitting and civil works completed for Amistad-3, with further 2026 wells planned
  • Successful $7 million placement to fund ongoing operations
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