The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights


After a few tumultuous years in the exotic jurisdiction of Cuba, ASX-listed energy explorer Melbana Energy (ASX:MAY) is getting set to begin producing – and selling – oil, or black gold, before the end of calendar year 2024.

More than one critic has voiced concern over Melbana’s progress through the COVID era, but now, the company is set to start gearing up. And if the rumours are to believed, the company’s activities at its flagship Block 9 acreage are just the beginning.

Here, HotCopper Executive Producer Sonia Madigan talks to Melbana’s Chief Commercial Officer Dr Chris McKeown who says Cuba is proving a supportive jurisdiction for Melbana, saying the Government is keen to bring energy supplies to its population.

He talks about what lies ahead in the immediate run-up to becoming a producer – and then, what investors perhaps really want to know – what may lie ahead in CY2025 and beyond.

MAY by the numbers
More From The Market Online
Market Close Graphic

ASX Market Close: Bourse hits new all time record, and stronger than expected jobs data | September 19, 2024

The ASX200 closed up 0.61% at 8,192 points after breaking its all-time record in intra-day trade.
The Market Online Video

Essential Energy conference: Elixir talks up QLD’s Taroom Trough

Elixir Energy Ltd's managing director Neil Young was speaking at RIU's Essential Energy conference in Perth
Market Update Graphic

ASX Market Update: Jobs data stronger than expected as Index touches intra-day record | September 19, 2024

The ASX200 hit a new all time high of 8,186 points in the first half hour…
Artwork of a bird surrounded by flames

Firetail executive changes set to propel development in Canada and Peru

Firetail Resources Ltd has appointed former CEO Glenn Poole as managing director, while Brett Grosvenor has…