MAY melbana energy limited

Ann: Cuba, Block 9 PSC Update on Alameda 2 appraisal well, page-565

  1. 5,632 Posts.
    lightbulb Created with Sketch. 1029
    Sheritt rigs are in Cuba to look after their own interests. If anybody did some lite research they didn't have a formalised extension to their Gas power supply joint venture where they are now drilling until September 2022 hence why MAY was able to probably source this idle rig during that period.

    They are not there to drill holes other companies, so you are at the whim of what Sheritt is doing with their own interests at any given time. Probably doesn't sound like a long term sustainable model so MAY and Angolan's may need to come up with a more long term solution after this appraisal campaign.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
2.4¢
Change
0.000(0.00%)
Mkt cap ! $80.88M
Open High Low Value Volume
2.4¢ 2.5¢ 2.4¢ $24.60K 1.023M

Buyers (Bids)

No. Vol. Price($)
3 383074 2.4¢
 

Sellers (Offers)

Price($) Vol. No.
2.5¢ 2030293 12
View Market Depth
Last trade - 16.10pm 16/06/2025 (20 minute delay) ?
MAY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.