Ann: Alameda-2 - Successful Flow Test of Lighter Oil to Surface, page-509

Better than the duster at IVZ that would likely have been nationalized if successful.

MAY has perfect API for Cuban refineries. 1k+ bopd from 1B free-flow and likely 2k+ with pumps or horizontal. Room for 30 pads targeting multiple layers.
Likely lighter oil and higher flow rates from Marti and the N structure - likely finding a market outside of Cuba.
At least $60 per barrel even given bearish contributions here with <$10 production cost.
Globally significant onshore oil field that has potential to produce 200k+ bopd in several years with pipeline assistance. 30% to MAY. Company already conducting aerial survey of pipeline route - such is the confidence.
Statement from company that MAY can very quickly get up to 5k bopd. Likely margin of AUD $3M+ per month to MAY. MAY are able to recoup exploration costs before Cuba begin taking a share + they will receive tax breaks for a few years.
Need for further capital therefore limited to pipeline development and would be done so in conjunction with a forward production plan that would knock your socks off.