Melbana Energy Limited (MAY.AX)

0.0360 -0.0020 (-5.26%) At close: 04:10PM AEST

Melbana Energy Limited

388 George Street
Mezzanine Floor
Sydney, NSW 2000
Australia
61 2 8323 6600
https://www.melbana.com

Sector(s): Energy
Industry: Oil & Gas E&P
Full-time employees: 

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Andrew Gerard Purcell B Eng, B.E., M.B.A., MAICD	Executive Chairman of the Board	617.79k	N/A	1965
Mr. Uno Makotsvana BCOMPT, C.A.	CFO & Company Secretary	388.5k	N/A	N/A
Dr. Duncan Lockhart B.Sc., Ph.D.	Exploration Manager	438.45k	N/A	N/A

Amounts are as of 31 December 2024, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in AUD.

Description

Melbana Energy Limited engages in the oil and gas exploration in Cuba and Australia. The company holds a 100% interest in the Tassie Shoal Methanol and LNG project located in Australia. It also holds a 100% interest in the Santa Cruz oil field located in Cuba; and WA-544-P and NT/P87 permits covering an area of approximately 4,000km2 in the Petrel sub-basin, as well as a 30% interest in Block 9 that covers an area of 2,344km2 located in Cuba. The company was formerly known as MEO Australia Limited and changed its name to Melbana Energy Limited in November 2016. The company was incorporated in 1994 and is headquartered in Sydney, Australia.

Corporate governance

Melbana Energy Limited’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.