MAY melbana energy limited

Ann: Cuba, Block 9- Installation of Appraisal Well Underway, page-72

  1. 5,187 Posts.
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    Hi Hawarani,
    You won't be able to hide Mays potential once oil spurts out in volume. Those oil in the shakers will sound like million dollar bills. Remember than 25 other prospects remain in that area and the source kitchen has not yet been found

    my thoughts are imo 12-15c predrill and if oil squirts out at 10kpsi we will see 30c. If 2nd we'll hits oil 50c and if zapato kitchen is found well well above 1 dollar...umpossible well be patient and see whos crazy. Thats why i wont sell yet. Remember that what prevented to MAY last year was unfortunate, a drill skid not rated to 10kpsi, unable to log 290m on most highest volume section, and missed the zapato kitchen and war.
    All this served to cap the share price.

    once people see that MAY can produce oil and not only may or maybe ....skies the limit. The oil is not going away.




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