MAY 4.35% 6.6¢ melbana energy limited

Ann: Block 9 Commencement of Alameda-3 drilling, page-81

  1. 12,663 Posts.
    lightbulb Created with Sketch. 1792
    Funny you talking about reality, not something you seem to do well with >>

    I've never stated MAY would have LIGHT oil like say the shale oils we see in the US ..

    just look at the chart.... for me I'm not stressed as much as you seem to be obsessed with light oil 32Api++ if the deeper traps can be low Sulphur MED weight or very close to MED aka 22-23API for say the Alameda ...and the Marti high 20's that going be brilliant as the prospective Oil was worked out at HEAVY 10-12Api 5% recovery ..so we could see easy double that ...which could see potential reserves north of 500mmbbls+ which would have‣Oil properties of exportable grade

    And this is just the start for BLOCK-9 with many more targets to come



    https://hotcopper.com.au/data/attachments/5829/5829550-7fc0df4d79b5501f7ad6ad2438100f2a.jpg

 
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