MAY melbana energy limited

Ann: Block 9 Alameda 2 Appraisal Update, page-485

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    With nearly 320 billion barrels of recoverable oil, Venezuela will become the world's largest holder of petroleum reserves.

    The Faja's crude is what producers call extra-heavy. Oil from this tar belt averages about 8.5 API gravity, which means that it is heavier than water and oozes rather than flows.





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