MAY 11.5% 2.3¢ melbana energy limited

Ann: Block 9 Alameda 2 Appraisal Update, page-53

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    Quick reminder (for those who have very short memories): A2 (Units 1A, 1B, 2 and 3) are shallow and were not expected to produce. They are now earmarked for "project" (production) with oil typical of what has been found elsewhere in Cuba. Alameda 3 (A3) is likely to have higher pressure, higher API finds (based on what was seen during A1). AP has already flagged (in the recent webinar) the rationale behind further approvals, and it is as if he already knew that the recovery rate for A2 would require more than one well.

    https://hotcopper.com.au/data/attachments/5508/5508139-7311d170c95e6d9fe257caa869c99344.jpg
 
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