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Petro Australis to acquire 40% interest in petroleum asset onshore Cuba

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Investegate |Star Phoenix Group Announcements | Star Phoenix Group: Audited Annual Report for Year Ended 30 June 2022

Cuba: Melbana Energy preparing to drill first appraisal well in Block 9, onshore Cuba

Melbana Energy has provided an update on preparations for its first appraisal well in Block 9 PSC, onshore Cuba. Independently assessed volumes of the Amistad structure in Block 9 are 1.9 billion barrels of Oil in Place and 109 million barrels of Prospective Resource (unrisked gross best estimate).

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