While looking for partners to join in, Australian energy company Melbana said it was positioned for an early start to an oil drilling program in Cuba next year. Melbana is one of the few foreign companies, and the only one listed on the Australian exchange, with a footprint in Cuba. The company was able to secure millions of dollars in a capital drive this year, but fell short of its goals. Funds raised this year are to support a drilling campaign in Cuba next year. “While the company intends to undertake a farm out process to potentially assist funding the drilling phase, Melbana is positioned to complete initial preparations for the planned Cuba drilling program in 2018,” Chairman Andrew […]