Skip to main content

Archive

Melbana Energy looking to bring its Cuban oil to the market "as quickly as possible"

Melbana Energy looking to bring its Cuban oil to the market "as quickly as possible"

Melbana Energy Ltd (ASX:MAY, OTC:MEOAF) executive chairman Andrew Purcell speaks to Thomas Warner from Proactive on his way to Cuba, where Melbana is currently mobilising a rig to explore an opportunity at the Varadero onshore oil field.

Purcell says that a two-well appraisal program should begin "before the end of June" with a view to getting the oil into the market "as quickly as possible."

He also gives an overview of the business, which also has assets in Australia.