EXPLORATION

Melbana set to spud Alameda-1 next week

MELBANA Energy is making final preparations to spud Alameda-1 next week, the first well in its two-well exploration campaign in Block Nine onshore Cuba, as site preparations are complete.

 The Alameda-1  drill site. Supplied/Melbana

The Alameda-1 drill site. Supplied/Melbana

ASX-listed Melbana acquired Block Nine in 2015 and shares it with its joint venture partner Sonangol in a 30-70 respective split  under a PSC arrangement with the Cuban government.  The Angolan state...

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