MAY 2.94% 3.3¢ melbana energy limited

Ann: Block 9, Alameda-3 Appraisal Update, page-487

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  1. 7,964 Posts.
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    After our discussion, I was very confident the acid injection/Frac job will work wonders and sort this out without a hitch. A minor blip on the road to riches.

    The Alameda and hopefully subsequent Marti flow tests will start waking people up to how big this thing really is. Just think one kilometre of gross pay. And probably 600-700m net. It’s mega

    And after second thoughts, I also think they will want to flow test Marti rather than putting alameda on production immediately (if successful) so they can get an understanding of resource numbers.

    $.20 Incoming. And confident the Perf job will do the trick and the Alameda test will not suffer the same fate as the Marti test
 
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