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Melbana Energy Limited
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Melbana Energy Limited (MAY) does not currently pay a dividend.
18.91M
Market cap
–
Current P/E
2.73x
Forward P/E
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About
Energy
Sector
Oil & Gas Exploration & Production
Industry
Melbana Energy Limited, a company founded in 1994 and based in Sydney, Australia, is engaged in the exploration for oil and gas across both Cuba and Australia. Its assets in Australia include complete ownership of the Tassie Shoal Methanol and LNG project, as well as the WA-544-P and NT/P87 permits, which together span roughly 4,000 square kilometers in the Petrel sub-basin. In Cuba, Melbana wholly controls the Santa Cruz oil field and holds a 30% stake in Block 9, an area covering 2,344 square kilometers.
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