Ann: Alameda 2 First Production Results, page-239

Worth noting yesterday no estimate for unit 1A was ever really ascribed to the prospective resource estimates given last year, so all estimates for Units 1A/1B is really only 1B. This has the potential to increase reserves, or potentially perhaps double what the current estimates are;



source; https://www.melbana.com/site/cpfile/7a23239e-ee41-4995-9caf-ec79cf423823/Alameda1-Independent-Resources-Assessment-Upper-Sheet.pdf


Will be interesting to hear VOGC's take on this if he does some updated analysis on the upper sheet. The 9 million barrel prospective recoverable for MAY's 30% is I assume only unit 1B, and assumes a 5% recovery. Also worth noting these figures I assume do not include the fact net pay was increased from 48 meters in total to 138 meters using a more conservative porosity cut off, and probably also not the unlogged section they have just tested.