MAY
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3.85% 2.7¢ melbana energy limited

Cuba Block 9: Operations Update 31 May 2024, page-249

  1. hombre cara
    30,027 Posts.
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    04/06/24
    09:43
    Post #: 74149853
    Sonagol farmed into the whole block by participating in 2 wells..
    Melbana Energy Limited (ASX: MAY) (“Melbana” or the “Company”) reports that Cuban formalregulatory approval has been received for the entry of Sonangol in to the Block 9 ProductionSharing Contract. Effective 17 August 2020, Sonangol’s participating interest in Block 9 PSCis 70% and Melbana’s is 30%.
    MAY Price at posting: 6.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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