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bastjose

2,998 Posts.

94

12/07/22

12:11

Post #: 62492357
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Originally posted by ssailor: ↑

Yes its to easy to put all oilers in a bunch categorize them all
as losers because peeps have had losses in the past, me too!
MAY has found oil and its a world class discovery (its not that hard to understand)

ANN 8th July
Alameda-1: Independent Resources Assessment (Alameda Reservoir)
Highlights
• Independent reserves and resources expert McDaniel & Associates has made the
following assessment of the second of three oil reservoirs encountered by the
Alameda-1 exploration well in the Block 9 Production Sharing Contract (Block 9 PSC)
area, onshore Cuba:
− 2.3 billion barrels of oil in place
− 148 million barrels of Prospective Resource1,2
− 56% chance of discovery6
• The first two reservoirs (out of the three encountered by the Alameda-1 exploration
well) have now been independently assessed to contain a combined:
− 4.8 billion barrels of oil in place
− 267 million barrels of Prospective Resource1,2
• All of the volumes quoted above are on a gross u

Expand

How long till production.
How much will it cost and is the money available or how will they get it.
How will it be transported, to where and at what cost.
Profits will go to shareholders when?
Its a great find but I suspect a long road.
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