Just came in from the CEO
Melbana Energy’s Executive Chairman, Andrew Purcell, commented: “At current
production rates we’ll have enough oil for our first trial shipment next month. The learnings
from this exercise combined with the results from the upcoming Amistad-2 production well –
our first designed to maximise production from the entire Unit 1B formation - take us an
important step closer to securing a financing facility to fund our field development plan, a final
investment decision on which is expected to be made before year end.”
ST
Ann: Quarterly Activities Summary Period Ended 31 March 2025, page-150
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