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Why Has Melbana Energy’s Cuban Drilling Hit a Payment Roadblock?
6:02pm on Wednesday 28th of January, 2026 AEDT
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Energy
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Why Has Melbana Energy’s Cuban Drilling Hit a Payment Roadblock?
6:02pm on Wednesday 28th of January, 2026 AEDT
Key Points
Amistad-11 drilling in Cuba deferred following Sonangol’s non-payment
Amistad-2 well shows productive reservoir but no oil recovered, indicating compartmentalisation
Prospective gas and oil resources in Australia’s AC/P70 permit increase by 3.7% and 81%
Low-cost 2D seismic data acquired in Cuba to support future drilling
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