MAY melbana energy limited

Ann: Cuba Block 9 Update, page-1453

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    Hi

    Refer to RUI Good Oil and Energy Conference Presentation of 16th September 2024:

    Page 4:

    "Extended well test production tested logistics: 20 tankers of oil taken to shared storage facility".

    Tanker size (based on photos previously provided: ref Chairman's Address of 19th November 2024, page 25) appears to be circa 8,000 gallons = 190 barrels. 20 tankers = circa 3,800 barrels (Note that this is a pure guess on my part: perhaps someone else can provide a more accurate number).

    API 19 deg, relatively sweet. Sulphur 2.7%. Contingent Resource (Unit 1B, East) Best 46 mmbbl. Prospective Resource 90 mmbbl.

    A2 makeover 6 steps:

    * Pull completion
    * add and re-perforate (perforation confirmed 196m).
    * Perform solvent-acid pre-wash
    * Perform 15% HCL acid squeeze/soak
    * Re-complete
    * Clean-up and commence production.

    Results imminent.
 
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