MAY 0.00% 3.0¢ melbana energy limited

Ann: Webinar for Block 9 Update, page-153

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 3,126 Posts.
    lightbulb Created with Sketch. 5977
    there is something i cant follow in your post.
    in terms of the packer testing - all i have stated is my opinion on an overall objective/approach - based on my limited experience in confined fractured rock aquifers/reservoirs and limited knowledge of the conditions actually encountered in Amistad 1.
    the devil is always in the detail.
    there are people who are experts in this complex technical area who would be across the details and the feasibility. May need to get them on the job.

    as for the cubans doing open hole comingled completions as a standard...maybe thats one of the reasons why they don't get much flow out of their reservoirs.

    The issues around the cement job in Amistad 1 are more likely due to a cock up. In the diagram you can see that Unit 2 was in Serpentinite...which should provide a relatively uniform hole (and easily calculated cement volume) compared to fractured limestone. You could speculate they tried to overcompensate for cement losses by adding extra volume - but they were setting the cement into the serpentinite - and you wouldn't expect much losses there ordinarily. anyway, im over it.

 
watchlist Created with Sketch. Add MAY (ASX) to my watchlist
(20min delay)
Last
3.0¢
Change
0.000(0.00%)
Mkt cap ! $101.1M
Open High Low Value Volume
3.0¢ 3.1¢ 3.0¢ $22.89K 762.8K

Buyers (Bids)

No. Vol. Price($)
5 903313 3.0¢
 

Sellers (Offers)

Price($) Vol. No.
3.1¢ 856803 5
View Market Depth
Last trade - 16.10pm 05/11/2024 (20 minute delay) ?
MAY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.