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Melbana Energy - Alameda-1 intersects 670 metres of oil shows


Highlights:

- Oil shows reported last week in the Upper Thrust sheet have continued to be encountered. The shows included flows of oil into the wellbore
- The oil shows occurred continuously to a depth of 1130 metres, for a total gross thickness of 670 metres
- Melbana’s onsite geologist describes the shows as good but logging needs to be undertaken before their significance can be better understood
- Drilling has reached a depth of 1,820 metres and is continuing towards the deeper primary targets (N and Alameda)

Melbana Energy Limited (ASX: MAY) (Melbana) is pleased to report the following update on the progress of the Alameda-1 exploration well being drilling in Block 9 PSC, onshore Cuba.

Melbana has a 30% interest in Block 9 and is the operator of the current drilling program.
As of 4:00PM Monday, 4 October (Cuban time), the well was drilling ahead at 1,820 metres in limestone and clastic sediments in the Upper Thrust Sheet.

For more information, download the attached PDF.
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