MAY 0.00% 2.2¢ melbana energy limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-9

  1. 761 Posts.
    lightbulb Created with Sketch. 314
    The bits I highlighted from the quarterly:

    • During the quarter, the Company announced that an independent expert assessed the Amistad formation to have 2.5 billion barrels of oil in place and prospective resources as shown in Table 1
    • When combined, the interpreted net pay intervals encountered whilst drilling the Alameda-1 exploration well total 300 mMD / 278 mTVD
    • Zapato-1 is estimated to take about 55 days to reach its target depth
    • The Company is progressing an update of the predrill resource assessment for the Alameda and Marti intervals and will release these figures once received from the independent reserves certifier.
    • The Company had total cash on hand of $32.095 million as at 31 March 2022
    Last edited by RhysD: 28/04/22
 
watchlist Created with Sketch. Add MAY (ASX) to my watchlist
(20min delay)
Last
2.2¢
Change
0.000(0.00%)
Mkt cap ! $74.14M
Open High Low Value Volume
2.2¢ 2.3¢ 2.2¢ $23.54K 1.063M

Buyers (Bids)

No. Vol. Price($)
12 1839170 2.2¢
 

Sellers (Offers)

Price($) Vol. No.
2.3¢ 237903 3
View Market Depth
Last trade - 16.10pm 23/08/2024 (20 minute delay) ?
MAY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.