Edison Investment Research - Melbana Energy (MAY) Update: What next after Puka

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Edison Investment Research

Update: What next after Puka

Following the plugging and abandoning of the Puka-3 well in New Zealand, the Douglas-1 tests are the remaining element of MEOâ€™s staged farm-in to the Puka field that is yet to play out before MEO can establish the value of the field. Newsflow now turns to farm-out deadlines on Australian exploration prospects and potential deals through the Hongfu Fund strategic alliance.

04/09/2014 6 EN

Underlying

Melbana Energy

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AU000000MEO1 Australian Securities Exchange Australia

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Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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