Why Are Melbana (ASX:MAY) Shares on Investors’ Radar Today?

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Why Are Melbana (ASX:MAY) Shares on Investors’ Radar Today?

kalkinemedia2022-03-09

The shares of Melbana Energy Limited (ASX:MAY) traded over 19% on the ASX today (9 March) at AU$0.137 per share at 2:33 PM AEDT as the company provided an update on its latest drilling activities in ...

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likeTheStonk
·2022-03-13
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frusty
·2022-03-09
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DarkFate
·2022-03-09
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Slee49
·2022-03-09
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CS2
·2022-03-09
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喜慶吉祥好運
·2022-03-09
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It is the minimum weight to maintain well control while drilling ahead.</p><p><img src=\"https://static.tigerbbs.com/0f44e27bda0b9b2f0b7b0ce005e18024\" tg-width=\"945\" tg-height=\"245\" width=\"100%\" height=\"auto\"/></p><p><b><i>Melbana’s share price overview:</i></b></p><p>The shares of Melbana Energy soared by 585% on the ASX over a period of 12 months. On the other hand, Melbana’s year-to-date share price also gained 585% on the ASX today at 2:33 PM AEDT.</p></body></html>","source":"lsy1642396333099","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Are Melbana (ASX:MAY) Shares on Investors’ Radar Today?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Are Melbana (ASX:MAY) Shares on Investors’ Radar Today?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-09 13:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://kalkinemedia.com/au/stocks/oil-gas/why-are-melbana-asxmay-shares-on-investors-radar-today><strong>kalkinemedia</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The shares of Melbana Energy Limited (ASX:MAY) traded over 19% on the ASX today (9 March) at AU$0.137 per share at 2:33 PM AEDT as the company provided an update on its latest drilling activities in ...</p>\n\n<a href=\"https://kalkinemedia.com/au/stocks/oil-gas/why-are-melbana-asxmay-shares-on-investors-radar-today\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MAY.AU":"MELBANA ENERGY LTD"},"source_url":"https://kalkinemedia.com/au/stocks/oil-gas/why-are-melbana-asxmay-shares-on-investors-radar-today","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146382703","content_text":"The shares of Melbana Energy Limited (ASX:MAY) traded over 19% on the ASX today (9 March) at AU$0.137 per share at 2:33 PM AEDT as the company provided an update on its latest drilling activities in Block 9 contract area onshore Cuba.The ASX-listed oil and gas explorer witnessed heavy investors’ attraction on the ASX today as approximately 62 million MAY shares were traded at the time of writing this article.Melbana’s latest drilling activity updateMelbana announced today that it had encountered a high-pressure zone resulting in an influx of hydrocarbons and subsequent strong oil shows on the shakers as it progressed the drilling of the 6” hole section to 3,769 mMD.The company said that it is managing the hydrocarbons by circulating through the choke and mud degasser and then flaring.Melbana will commence further drilling activity once the mud system has been weighted up to approximately 1.88sg. It is the minimum weight to maintain well control while drilling ahead.Melbana’s share price overview:The shares of Melbana Energy soared by 585% on the ASX over a period of 12 months. On the other hand, Melbana’s year-to-date share price also gained 585% on the ASX today at 2:33 PM AEDT.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9038689628,"gmtCreate":1646814817172,"gmtModify":1676534165486,"author":{"id":"3581993357014262","authorId":"3581993357014262","name":"Slee49","avatar":"https://static.tigerbbs.com/a4a9c556617a3ec3446f5c1c667b4aa0","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":5,"crmLevelSwitch":1,"idStr":"3581993357014262","authorIdStr":"3581993357014262"},"htmlText":"Noted","listText":"Noted","text":"Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9038689628","repostId":1146382703,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9038613489,"gmtCreate":1646811614301,"gmtModify":1676534165280,"author":{"id":"3563688986414344","authorId":"3563688986414344","name":"CS2","avatar":"https://static.tigerbbs.com/615455e55d5ee6d62d6d1fbcbfa4e02a","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":3,"crmLevelSwitch":0,"idStr":"3563688986414344","authorIdStr":"3563688986414344"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9038613489","repostId":1146382703,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9038692706,"gmtCreate":1646806178245,"gmtModify":1676534164790,"author":{"id":"4098522127473930","authorId":"4098522127473930","name":"喜慶吉祥好運","avatar":"https://community-static.tradeup.com/news/5083d220f7325633a1da1ad24c3b58d8","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"4098522127473930","authorIdStr":"4098522127473930"},"htmlText":"&nbsp;Like🤓","listText":"&nbsp;Like🤓","text":"Like🤓","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9038692706","repostId":1146382703,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":95,"commentSize":6,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}