MAY 4.35% 2.4¢ melbana energy limited

Ann: Quarterly Activities Report and Appendix 5B, page-16

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    justinmetals,

    It's interesting timing, but Hess is a partner with Exxon in Guyana and there might be preemptive rights. I wouldn't put it past Exxon to have a look given the 11bbo they have found.

    Either way there is a South American/Caribbean renaissance in the oil/gas patch. Also it's well away from the Middle East and the oil price might shoot up soon.
 
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