MAY melbana energy limited
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Ann: Quarterly Activities Summary Period Ended 31 March 2025, page-68

  1. justinmetals
    8,401 Posts.
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    06/05/25
    16:42
    Post #: 78940116
    The next announcement should be a big one . I’m guessing the reason AP is in Cuba atm is to see tanker leave port, sign up off-taker/s, finalise 3D, see spud of A-2 MAY’s first unit 1B production well (which should easily 3x A-1 - butchered appraisal well). A 3x result is probably already considered in the bank to offtakers especially if A-1 is producing at rates anything over 500bpd today.

    I reckon it’s all about to kick off and June should be a big one.
    Last edited by justinmetals: 06/05/25
    MAY Price at posting: 2.6¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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