MAY 11.5% 2.3¢ melbana energy limited

Ann: Block 9 - Early Production and Spud of Alameda-3, page-78

  1. 3,557 Posts.
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    BAS Oil is currently producing 400 bopd, with that to increase to possibly 500-600 after their second pump was installed earlier this month. Their MC is $30million. Compared to MAY with $260million, MAY really needs to increase their production by 10x. 400 net bopd for MAY is not enough.
 
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