MAY melbana energy limited

Ann: Block 9 Operations Update, page-46

  1. 5,187 Posts.
    lightbulb Created with Sketch. 815
    its only 488 barrels for this well. Surge of 4167 barrell.
    So MAY have fked up this well due to own fault and putting in concrete and thsts prob the best you can do.

    The hidden upside is that they finally found a drill fluid that works. Which is nice but you eould have expected better from their multimillionaire GEO that they would have figured it out 3 years ago.

    The wildcat 20c question is that the billion barrel Alameda 3 well can be remediated to flow.

    This company has saboutagdd itself with incompetent Engineers

    Good thing is Alameda 2 will not have this issue with pouring concrete creating fluid . Question how much will this well cost ? I expect far higher rste from this new well.

    plus ACP 70 got to be worth something.. 6c coming .

    I got my oil pics i guess via tanks .

    Last edited by Brightoil: 15/04/25
 
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
2.4¢
Change
0.000(0.00%)
Mkt cap ! $80.88M
Open High Low Value Volume
2.4¢ 2.5¢ 2.4¢ $24.60K 1.023M

Buyers (Bids)

No. Vol. Price($)
3 383074 2.4¢
 

Sellers (Offers)

Price($) Vol. No.
2.5¢ 2030293 12
View Market Depth
Last trade - 16.10pm 16/06/2025 (20 minute delay) ?
MAY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.