A study assessing the resource potential for parts of Cuba is progressing as planned and quickly becoming a key portfolio component, MEO Australia said. The Australian company said it was expecting the results of an assessment from two parts of its Block 9 production sharing contract in Cuba during the fourth quarter. Work is already underway to lay the groundwork for a drilling program there. CEO Peter Stickland said in a statement Cuba is quickly emerging as an integral part of the company’s portfolio. “Given the huge resource potential we identified in the first of the three play types on Block 9, we are looking forward to seeing the results of the assessment of the remaining two plays,” he said. According […]