Melbana Energy Limited (MEOAF) Research

Headquartered in Sydney, Australia, Melbana Energy Limited is an oil and gas exploration company actively developing projects in both Cuba and Australia. Its portfolio includes a full 100% interest in the Tassie Shoal Methanol and LNG project located in Australia, alongside complete ownership of Cuba's Santa Cruz oil field. The company also holds a 100% stake in the WA-544-P and NT/P87 permits, covering approximately 4,000 square kilometers within the Petrel sub-basin. Further expanding its Cuban presence, Melbana possesses a 30% interest in Block 9, an area spanning 2,344 square kilometers. Founded in 1994, the company was known as MEO Australia Limited until November 2016, when it rebranded to its current name.

Market snapshot

Symbol
MEOAF
Price
$0.02
Day change
0.00%
Market cap
$18.9M
P/E ratio
-4.58x
52-week range
0.0021-0.07
Sector
Energy
Industry
Oil & Gas Exploration & Production

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