what I like from the update >>
Prior to spudding Alameda-3 in November, we are working on our plans to commence early
production from Unit 1B to better understand the reservoir’s characteristics given the good flow
rates and oil quality observed there. This early production will allow us to review our logistics
and transaction procedures ahead of the finalisation of our field development plans for 2024,
which we are presenting to our partners this week
~~~ So MAY will be sitting down with CUPET and working out the best way forward production profile-wise.. looking forward to hearing more details on the plan .. I'm sure it will involve more than just one rig and prob CUPET coming into the picture ...CUBA needs oil ASAP for fuels and power plants MAY has it by the Billions bbls ...
Another HUGE positive. "the produced oil also had none of the usual sulphur responsible for price discounts"
Ann: Block 9 - Early Production and Spud of Alameda-3, page-139
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