MAY 4.17% 2.3¢ melbana energy limited

Ann: Forward work program for Block 9 drilling program, page-113

  1. 3,030 Posts.
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    Thats the alternative i am trying to communicate. The N structure, could be the Alameda itself....
    i dont have the data they have. and Im no where near the calibre of their tech team. peter and the two brothers look like they are guns. DYOR and not investment advice. This is purely speculative.

    jacksparrow - This is what i mean in pictures. Imagine the fault indicated by the pink arrow not being present. That could be the case if the thrust repetition is not there. So the possibility would then be that the accumulation of the N structure would continue all the way down to the prognosed depth of the Alameda itself, and the oil column would then approach 1000m (green arrow). If this was the case, you would say the N is the Alameda. Either way, the company will have its boots (and baths ) full of oil. Its a good possibility to have, it will take a few holes to prove.

    I should have spent more time buying at 2.1

    https://hotcopper.com.au/data/attachments/4097/4097045-8716124502715948eb5ace47c276ab7d.jpg

    Last edited by alexei ii: 18/02/22
 
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