Melbana finalises Cuban IOR PSC

MELBANA Energy has finalised a contract for incremental oil recovery with Cuban national oil company CubaPetroleo that will give the Aussie junior an “accelerated path” to becoming a local producer and booking its first Cuban reserves.

Santa Cruz ground operations

05 December 2018
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The Santa Cruz oil field has been in production since 2006 and had an initial estimate of up to 100 million barrels of recoverable oil.

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