Cuban project developer picks second local company for drill project

Cuban project developer picks second local company for drill project

Sherritt to follow Sonangol on 235MMbbl onshore project 

Development

18 MARCH 2021
Melbana confirms mid-2021 for Cuban spud

Melbana confirms mid-2021 for Cuban spud

Drill contract award imminent 

Exploration

09 FEBRUARY 2021
Melbana confirms spud date for Cuban well

Melbana confirms spud date for Cuban well

Management to head to Cuba by year end 

Exploration

28 OCTOBER 2020
Aussie company set to spud Cuban well

Aussie company set to spud Cuban well

Melbana and Sonangol spinning the drillbit by October 

Development

24 SEPTEMBER 2020
Melbana gets approval from Cuban government 

Melbana gets approval from Cuban government 

Well pad construction could begin in matter of months 

M&A

18 AUGUST 2020
Sonangol makes down payment for Melbana Cuban farm-in 

Sonangol makes down payment for Melbana Cuban farm-in 

Spud by end of year looking hopeful 

M&A

08 JULY 2020
It's official: Melbana signs farmin for Cuba

It's official: Melbana signs farmin for Cuba

Angolan state oiler to expand Cuban footprint

M&A

27 MAY 2020
Melbana again extends Metgasco takeover

Melbana again extends Metgasco takeover

Deal with Angolan oiler unlikely to sway directors

Investment

07 JANUARY 2020
Melbana gets time extension for Cuban asset

Melbana gets time extension for Cuban asset

Takeover of Metgasco on thin ice

M&A

03 OCTOBER 2019
Melbana may have company in Cuba

Melbana may have company in Cuba

Communist nation seeks new entrants to oil market as US blocks Venezuelan crude shipments 

Exploration

09 APRIL 2019
Beehive spud planned for 2020 

Beehive spud planned for 2020 

Melbana first off the block with quarterly showing $8M cash, busy year to December 

Finance & Legal

16 JANUARY 2019
Melbana finalises Cuban IOR PSC

Melbana finalises Cuban IOR PSC

Melbourne junior en route to booking first reserves 

Exploration

05 DECEMBER 2018