MAY 5.56% 3.4¢ melbana energy limited

Ann: Block 9 Alameda 2 Increase in Net Pay, page-97

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  1. 3,090 Posts.
    lightbulb Created with Sketch. 5882
    Not much more to say @Freddieflintoff We've been harping on about it for ages. As expected... 68670065

    Have a look at item 2 in the screenshot below. Net to gross in fractured rock. Log porosity picks up whats in the well bore. Fractures extend well beyond the well bore. When they say 500m gross...im thinking good chance most of it will be pay. Fracture aperture could provide macro pores - a macro pore is like a pipe. Significant in terms of storage (OIP) and flow potential.

    For those asking what this does to the McDaniel resource numbers for the Amistad - rough numbers = x5 to x10 and add a multiplier of 2-4 on that for recovery. @VOGC has already done the work for us, just go through the spreadsheet and work it out folks.

    https://hotcopper.com.au/data/attachments/5480/5480642-f5863822efd6d7d43df7e3ada8dc0cdd.jpg

    The other important thing for me was the picture of the technical presentation and the attendees. Errol was standing. and everyones eyes were glued to the screen.

 
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