Melbana CEO Announces New Partnership with Sherritt: “The Best Opportunity We Have for Delivering the Best Outcome”

• Bookmarks: 16

In this interview, our second with Melbana Energy’s board of directors, CEO Andrew G. Purcell announces the Company’s new partnership. And the news is big in the oil world. Since 2015, Melbana Energy Limited (ASX: MAY) has been conducting oil exploration in the area known as Block 9 on the north shore of Cuba. The Company recently announced the signing of a farm-in agreement with Angola’s Sonangol and the commencement of drilling early next year at the Alameda and Zapato high-potential sites. Mr. Purcell became a member of the board at Melbana in 2015. His background expertise is in investment banking at Macquarie Bank and Credit Suisse (financial structuring, capital raising, and business development). He served as a public company director for over 20 years…




Unbiased reporting on economic news and business developments in Cuba by industry sector


comments icon0 comments
bookmark icon

Write a comment...

error: This content is copyright protected.