MAY 3.85% 2.5¢ melbana energy limited

Alameda-3, page-167

  1. 5,077 Posts.
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    On the map there is an arch that reaches through Cuba into the sea dotted with lots of oil finds.
    we sit on that arch have drilled only a small potions of our Holdings. Found oil where we didn't expect too, while lessor quality. To my understanding it wias sealed from other lower sections and where our target is, we have ZaP to look at next year.
    does upper oil sheet flow less those at lower and warmer level and to what meaningful % different likely improvement?
    is there future or current tech that helps long the heavy. ?
    heavy oil, folks should look to the price against light and what the market is doing there. Is it stockpiled or trading. ?
 
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