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.