MAY 3.64% 5.3¢ melbana energy limited

Interesting broader news item and exploratory connection to...

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    Interesting broader news item and exploratory connection to Melbana from Venezuela…

    https://www.reuters.com/business/en...-gas-project-near-trinidad-guyana-2023-12-08/

    “HOUSTON/CARACAS, Dec 8 (Reuters) - Venezuela has begun contacting energy firms involved in an long-idled offshore gas project to push them to begin new exploration and operations near its maritime border with Guyana, five people close to the talks said.” …

    “Venezuela also made initial contact with Australia's Melbana Energy (MAY.AX), which operates in Cuba. The discussions could lead to a seismic contract for the less explored blocks, one of the people said.
    Venezuela's oil ministry, Trinidad's energy ministry, PDVSA and Melbana did not reply to requests for comment.”


    Complex geo-political environment developing there – but kudos to Melbana for fielding an enquiry. Says something for their recognition in that part of the world.
 
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