MEO Australia gets support for Cuban oil program Melbourne (UPI) Feb 29, 2016 - MEO Australia Ltd. said it was able to raise more than $1 million to help finance its fledgling exploration program for oil near the coast of Cuba. Cuba-focused and London-based investor Leni Gas Cuba took a 15.8 percent stake in MEO Australia in exchange for $1.4 million to support an exploration program covering 900 square miles of an oil exploration block near the coast of Cuba. ... more

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