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Melbana Energy MAY.AX · AUD

Energy · ASX · 🇦🇺 Australia

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About Melbana Energy

Its shares trade on ASX under the ticker MAY.AX. It has been listed since 27 March 1998. In the fiscal year to 30 June 2025, it reported revenue of A$171,870 and a net loss of A$4.2m. At that date it held total assets of A$80.2m and shareholders' equity of A$55.9m.

Melbana Energy Ltd. is an independent oil and gas company, which operates in the petroleum exploration industry within Australia, New Zealand, and Cuba. The company is headquartered in Melbourne, Victoria. The firm has a portfolio of exploration, appraisal and development-stage opportunities in Cuba, New Zealand, Ashmore Cartier and Bonaparte Gulf regions in Australia. Its projects include Cuba Block 9 Production Sharing Contract (Block 9 PSC), PEP51153 permit, WA-488-P, Tassie Shoal Methanol Project and AC/P51 exploration permit. The Block 9 PSC covers approximately 2,380 square kilometers onshore on the north coast of Cuba. The PEP51153 permit covers an area of approximately 85 square kilometers (over 21,000 acres). WA-488-P is located in the Petrel Sub-basin between the producing Blacktip gas field and the undeveloped Turtle and Barnett oil discoveries, and has an area of approximately 4,074 square kilometers. The AC/P51 exploration permit is located offshore north-west Australia in the Vulcan Sub-basin. The permit has an area of approximately 583 square kilometers.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Energy
Industry
Oil, Gas & Consumable Fuels
Listed since
27 Mar 1998
Employees
4
Website
melbana.com ↗

Leadership

Pay as last reported

  • Mr. Andrew PurcellExecutive Chairman of the Board, since 2015A$617,792
  • Mr. Uno MakotsvanaChief Financial Officer, Company SecretaryA$388,500
  • Mr. Christopher ThompsonChief Operating OfficerA$360,531
  • Mr. Duncan LockhartExploration ManagerA$438,450
  • Mr. Michael SandyNon-Executive Director, since 2015A$100,000
  • Mr. Peter SticklandNon-Executive Technical DirectorA$100,000

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
14
Environment
5
Social
12
Governance
24
Women in the workforce
33%
Carbon reduction policy
No
Human rights policy
No

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Melbana Energy Ltd has several strengths that provide a competitive advantage in the industry. These strengths include:

Weaknesses

  • Despite its strengths, Melbana Energy Ltd also faces some weaknesses that hinder its performance and growth potential. These weaknesses include:

Opportunities

  • Melbana Energy Ltd has several opportunities to capitalize on and enhance its market position. These opportunities include:

Threats

  • Melbana Energy Ltd faces certain threats that pose risks to its operations and market position. These threats include:

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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