Melbana Energy Limited provided this update on its drilling operations in the Block 9 contract area, onshore Cuba. The Zapato-1 exploration well continues to drill ahead in hard volcanics, having reached a depth of 2,700 mMD earlier today. Having now passed the predrill prognosis for the start of the target formation of about 2,650 mMD, reassessment of the input parameters based on this new variable have resulted in a revised estimate for the top of the target formation of about 2,800 mMD. Drilling operations were only minimally impacted by the passage of Hurricane Ian last week, due to the precautionary measures taken ahead of the hurricane making landfall in Cuba several hundred
kilometres to the west of where drilling operations are currently taking place.