MAY 3.57% 2.7¢ melbana energy limited

Ann: Block 9 - Maiden Contingent Resources, page-297

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    You do realise that one production commences, the roles will be reversed - Melbana will control the receipts and Sonangol will be waiting for Melbana to pay.

    5,000 bpd at say $75USD - means that Melbana will be holding US $23m of Sonagols money per quarter by end of 2024
 
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