Sonangol kicks off exploration in Cuba
HAVANA, September 14, 2021 – Melbana Energy and Angolan NOC Sonangol have commenced the drilling of the onshore Almeda-1 exploration well in Cuba, the Australian junior confirmed on Tuesday.
The two-well exploration programme will target the Almeda-1 and Zapato-1 wells on Block 9.
The Almeda-1 well is targeting the same structure as the Marti-5 well, drilled by Cuban NOC Cupet in the 1980s.
Drilling of the Zapato-1 well aims to find the source of the nearby offshore Motembo oilfield.
The combined prospects contain an estimated 141 million barrels of oil.
Sonangol has a 70% participating interest in Block 9 and is funding 85% of the operation, totalling USD 3.7 million. Melbana Energy holds the remaining 30% stake.