MAY 4.35% 2.2¢ melbana energy limited

Ann: Alameda 2 First Production Results, page-335

  1. 3,577 Posts.
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    Justinmetals,

    I think that Amistad might get to 1 billion barrels recoverable which might get the 300mmbo net. What Wednesday announcement has proved is that porosity and permeability are not an issue in this unexpected section, so therefore much of the higher pressure zones deeper in Amistad might come up quite exceptionally. A more conservative permeability level might be acceptable given a lighter crude and higher pressures.

    Alameda and Marti are much larger and require many more wells. I don't think many quite understand the potential here.

    It's why the discovery has already attracted attention from some majors.
 
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