To The Moon

Hey, this is AUStock_Pedia.

I would like to introduce some Australian companies that may be of some help to your investments.

The company I'm going to introduce is $Melbana Energy(MAY.AU)$. It went public in 1998.

​[Company Profile]​

Melbana Energy Limited is an Australia-based oil and gas company. The Company include a portfolio of exploration, appraisal and development stage opportunities in Cuba and Australia together with development concepts for the Tassie Shoal Methanol and LNG Project.

Melbana Energy is headquartered in Sydney, Australia withsatellite offices in Melbourne, Havana and Varadero.

[History & Events]

1994: The company was founded as Timor Sea Petroleum and changed the names a few times later.

1998: The company was listed on ASX on 27 March.

2007: The company's name was changed to MEO Australia.

2008: NT/P68 (90-100%) in which it made the Heron (90%) and Blackwood (100%) gas discoveried.

2011: MEO Australia Limited announced that it had been awarded a new exploration permit, AC/P53 in the Ashmore Cartier region of the Timor Sea.

2016: MEO Australia changed its name to Melbana Energy.

2021: Two well drilling campaign of Cuba-Block 9 commenced in September.

2022: Melbana Energy finds evidence of water with oil during logging work at its Block 9 contract area in Cuba.

[Main Business Segments]

[Net Income & Total Revenue]

[Competitors]

$Horizon Oil(HZN.AU)$

$Byron Energy Ltd(BYE.AU)$

$Central Petroleum(CTP.AU)$