Sonangol kicks off exploration in Cuba

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.

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