MAY 6.67% 2.8¢ melbana energy limited

Ann: Alameda-1 Drilling Update, page-320

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    The other point that was missed is that if there actually is a water drive that’s a huge plus for pressure maintenance and hence oil recovery. We aren’t talking about 5% recoveries which are typical for many heavy oil Cuban discoveries. Mid range API with a active water drive is $$$$$$$$$ baby.
 
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