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Dec 5 (Reuters) - Melbana Energy Ltd (MAY) : FINALISED BINDING...

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    05/12/18
    09:45
    Post #: 36754379

    Dec 5 (Reuters) - Melbana Energy Ltd (MAY) :

    • FINALISED BINDING CONTRACT WITH CUBAPETROLEO FOR LONG TERM RIGHT TO SHARE IN ANY ENHANCED PRODUCTION FROM SANTA CRUZ OIL FIELD
    • UNDER AN INCREMENTAL OIL RECOVERY CONTRACT, ADDITIONAL PRODUCTION ABOVE AN AGREED BASE PRODUCTION RATE IS SHARED
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