The only stated that they will be "discussing results from the recently drilled Alameda-3 appraisal well", not the remediation of same. Presentation will be an attempt to "big up" Unit 1B and the production timeline.
Key questions -
1. 5,000 bopd by the end of 2024. Really? (please don't BS us AP). 2. 4 wells into Unit 1B. Where are the other 3 then? What rig? Who's paying for it? 3. Oil from A to B. How the heck are you transporting it? 4. Sale contract?
With Marti/Alameda remediation -
1. Timeline? (please AP, no BS on this) 2. Possible remediation methods. 3. Probable success rate. 4. Cost. 5. Who's paying for it.
Simple as that.
Kit.
MAY Price at posting:
2.8¢ Sentiment: Buy Disclosure: Held
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