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2.7¢ melbana energy limited

Ann: Block 9 Alameda 2 Appraisal Update, page-619

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jakspara

9,816 Posts.

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16/08/23

15:56

Post #: 69374989
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Originally posted by Gharp: ↑

Isn't it starting to become more clear as the dust setlles that MAY had probably envisaged that unit 3 had potentially a lighter crude that would flow to surface. And now AP is trying to reframe the purpose of the first well without admitting so ?

.Otherwise if they thought before hand that it was heavy oil that wouldn't flow and had the same properties as other Shallow Cuban wells what was the point of this costly first well at all ?

They could have logged unit 1,2,3 on the way down on the current A3 plan path without testing these sections if they thought they had the same characteristics as shallow cuban wells, but decided instead for a separate well deviation in A2 which looks like its purpose was to log and test unit 3 ?

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For the love of god don’t let Feral see this…..JK luv ya Feral

MAY Price at posting: 6.5¢ Sentiment: Hold Disclosure: Not Held
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