MAY melbana energy limited

~250 b/d ? heavy-crude ... door to ~0.010 maybe wide-open ... or, page-180

  1. 4,956 Posts.
    lightbulb Created with Sketch. 909
    between the line.
    Coils n gas cost a lot , getting it costs a lot. With 9mill left the decision not to table N2 purely cost=no $.
    no flows for i.mediate production@ commericial levels


    ... possibly, but what about any US sanctions ? ...

    ... what about maybe ~4 wells with what production! and what API in what country! ? ...

    ... imo A-2 acid-stim may have been important, basically just see if these wells respond [well-response] [may have to try something!], so may have been just as much about A-3 as A-2. Even though these fields maybe somewhat established, still maybe worth a shot [what else!], may not want to hold your breath ...

    ... agree 56 ... next quarterly cash-on-hand maybe interesting ...

    ... MAY funding ?

    ... MAY have been performing extremely well operationally imo ...
    Last edited by Linebacker11: 03/04/25
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
2.3¢
Change
0.000(0.00%)
Mkt cap ! $77.51M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 29999 2.3¢
 

Sellers (Offers)

Price($) Vol. No.
2.1¢ 30000 1
View Market Depth
Last trade - 09.33am 30/06/2025 (20 minute delay) ?
MAY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.