MAY 0.00% 2.0¢ melbana energy limited

Ann: Alameda 2 First Production Results, page-67

  1. 6,772 Posts.
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    It won't take long to punch down another 400m, 2 days maybe?

    This story has a long long way to go.

    Even the heavy shallow oil is significant though.

    Cuba uses it for fuel supply to generate power so maybe we end up with a series of very cheap shallow wells accessing that resource and freeing up the deeper lighter oil for export.

    I hope AP has plenty of oil storage tanks ready, I expect Alameda will out perform all our expectations.
 
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