MAY 6.67% 3.2¢ melbana energy limited

Cuba Block 9 Operations Update, 12 March, page-199

  1. 10,189 Posts.
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    what you on about it’s a heavy oil discovery and the reason it’s not feasible is because trying flowing heavy oil through a pipe lol doesn’t work. Doesn’t matter what you discover, the 1 billion barrels of heavy oil with poor flow rates are not feasible. If you manage to announce medium to light oil in the upcoming announcement with better flow rates then a rerate is on the cards. Goodluck but no point ramping in flawed fundamentals
 
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