MAY 4.35% 2.2¢ melbana energy limited

Ann: Block 9 Status of Alameda 3 and Operational Update, page-28

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    So @ the original 100m of net pay there is 88m bbls. They are now at 6.15 x the original net pay so if ratios remain that's 541m bbls. Multiply for the increased recovery factor, (lighter more movable oil than originally predicted), so 5% recovery becomes 10%, that takes the total to 1.1bn bbls. Add what could come from Alameda 3 and the rest of block 9. Wow
 
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