Melbana Energy’s Executive Chairman, Andrew Purcell, commented: “The Alameda-1 exploration well has confirmed the presence of oil across significant intervals in three structures (with potential for upside, given the two larger structures - Alameda and Marti – were intersected a long way down dip from their crests). In any case, the logging of these three intervals has allowed us to estimate a substantial net hydrocarbon pay of 278 mTVD in aggregate.
Sounds like it will get biggger than big
Happy Days.
CH
Ann: Alameda-1 Significant oil pay defined in Marti structure, page-52
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