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Melbana Energy Limited ( (AU:MAY) ) has provided an announcement.
Melbana Energy Limited has requested a trading halt on its securities pending an announcement regarding the spud date of its Amistad-11 well in Block 9, onshore Cuba. This move is aimed at managing its continuous disclosure obligations, with the halt expected to last until the announcement is made or normal trading resumes on December 5, 2025.
More about Melbana Energy Limited
Melbana Energy Limited operates in the energy sector, focusing on oil and gas exploration and production. The company is involved in various projects, including onshore drilling activities in Cuba, indicating a strategic focus on expanding its resource base in international markets.
Average Trading Volume: 7,017,671
Technical Sentiment Signal: Sell
Current Market Cap: A$45.38M
For an in-depth examination of MAY stock, go to TipRanks’ Overview page.