MAY 0.00% 2.0¢ melbana energy limited

Ann: Alameda-2 Appraisal Well Drilling to Commence Next Week, page-46

  1. 3,602 Posts.
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    I'm looking forward to next week.

    Also interesting that the last announcement mentioned Zapato results and the live oil from the opholites. If I'm right then there is a substantial updip section too the opholites between Motembo and zapato which could be substantially oil charged. The original operation at Motembo though there was close to 100mmbo reserves and yet only about 5mmbo was produced. This would have been done with vertical wells, modern drilling could probably get more connection to the fractures per well with horizontal wells and sidetracks. Also the zapato results pointed to the opholites being highly fractured in certain areas which bodes well for future drilling opportunities.

    These appraisal wells will be very important and we would be in production too after these wells are completed.

    best of luck holders
 
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