About Melbana Energy Melbana Energy is an Australian ASX listed, independent oil and gas company that has a portfolio of attractive exploration, appraisal and development stage opportunities in Cuba and Australia. Our mission is to create a world class E&P company by using the skills of our people to identify and successfully develop attractive oil and gas exploration and development opportunities. 02 Chairman’s Letter 04 Highlights 06 Operating Review 10 Board of Directors 12 Directors’ Report 37 Governance and Risk 42 Auditor’s Independence Declaration 43 Consolidated Statement of Profit or Loss and Other Comprehensive Income 44 Consolidated Statement of Financial Position 45 Consolidated Statement of Changes in Equity 46 Consolidated Statement of Cash Flows 47 Notes to the Consolidated Financial Statements 74 Consolidated Entity Disclosure Statement 75 Directors’ Declaration 76 Independent Auditor’s Report 82 Shareholder Information 85 Glossary of Key Terms 86 Corporate Directory Contents 01 Melbana Energy Limited Annual Report 2025
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