There were a lot of things HotCopper users were watching this week, but chief among them was news from Cuba-based oil explorer Melbana Energy. After years of setbacks, the company is ready to produce its first oil in the exotic jurisdiction later this year – meaning Melbana is ready to become a producer. The news proves wrong critics of the company which have, full disclosure, included myself – more than once. While its flagship production well is producing less than 2,000bpd; and while brent crude has dipped to the US$70/bbl mark, it’s still a success story for a little Aussie battler – and e…
