Ann: Alameda1 Independent Resources Assessment Marti Reservoir, page-30

Figure 1: sourced from 07/04/2022, ASX:MAY, Alameda-1: Significant oil pay defined in Marti Structure

Figure 2: Adapted from 01/08/2022, ASX:MAY, Alameda-1: Independent Resources Assessment (Marti Reservoir) with question markets on why the previous diagrams had this Marti area marked for oil.

As my bearish analysis predicted, Marti was not as big as anticipated:

"4) Water in Alameda-1

Andrew Purcell: “… well one of the explanations for water is that you have reached the bottom of the reservoir,you’ve reached the oil-water contact..”

“but even if it is the bottom of the reservoir we have a 300m interval here”

Source: https://www.youtube.com/watch?v=zaoQB63H9To&ab_channel=InvestorStream

Source: James G. Speight Natural Gas: ABasic Handbook, Gulf Professional Publishing, Elsevier Inc. 2019.

Therefore, Marti might not be as big as was anticipated." (62766560)