Melbana Energy Limited (MAY.AX)

0.0930 -0.0010 (-1.06%) As of 10:51AM AEST. Market open.

Melbana Energy Limited

9 Hunter Street
Level 15
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, MBA	Exec. Chairman	501k	N/A	1965
Mr. Peter John Stickland B.Sc., GAICD, GDipAppFin, B.Sc Hons	Non-Exec. Technical Director & Director	118.75k	N/A	N/A
Mr. Theo Noel Renard CA (SA), CA(SA), CSA, M.A.I.C.D.	CFO & Company Sec.	N/A	N/A	1963
Mr. Errol Johnstone	Chief Geoscientist	N/A	N/A	N/A

Amounts are as of 31 December 2021, 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 has 100% interests in the Santa Cruz oil field located in Cuba; WA-544-P and NT/P87 permits covering an area of approximately 4,000km2 in the Petrel sub-basin; and WA-488-P permit located in the Bonaparte 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. Melbana Energy Limited was incorporated in 1994 and is based 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.