Melbana Energy Ltd (MAY) Insider Andrew Purcell Acquires 3,007,147 Shares

Melbana Energy Ltd (ASX:MAY) insider Andrew Purcell acquired 3,007,147 shares of the business’s stock in a transaction that occurred on Friday, October 26th. The shares were bought at an average price of A$0.02 ($0.01) per share, with a total value of A$45,107.21 ($31,990.93).

Shares of Melbana Energy stock opened at A$0.02 ($0.01) on Friday. Melbana Energy Ltd has a 1 year low of A$0.01 ($0.01) and a 1 year high of A$0.03 ($0.02).

About Melbana Energy

Melbana Energy Limited, an independent oil and gas company, explores, appraises, and develops oil and gas, methanol, and LNG properties located in Australia, New Zealand, and Cuba. It holds 100% interests in the Tassie Shoal methanol project and Tassie Shoal LNG project located in Australia. The company was formerly known as MEO Australia Limited and changed its name to Melbana Energy Limited in November 2016.

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