Melbana Energy Faces Alameda Reservoir Appraisal Hurdles

Melbana Energy Limited (AU:MAY) has released an update.

Melbana Energy Limited reports the perforation of Block 9’s Alameda reservoir in Cuba was successful, with a significant pressure response at the surface, but the flow testing did not recover drill string fluids or uncontaminated oil samples. Similar appraisal challenges were faced with the deeper Marti reservoir, prompting studies to understand the discrepancies in reservoir behavior. The company remains focused on its plan to export the first shipment of oil from the Amistad structure within the year.

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