MAY melbana energy limited

~250 b/d ? heavy-crude ... door to ~0.010 maybe wide-open ... or, page-141

  1. 4,954 Posts.
    lightbulb Created with Sketch. 909
    Decline Factor: The initial production decline indicates reduced reservoir deliverability
    or possible depletion of the perforated interval.
    However, with increased perforations and acid stimulation, this effect might be mitigated."


    ... once again JM you may have got closer than most on MAY ... although may you yourself have added that last sentence in ? lol

    ... may the market think an acid-job will improve well-deliverability ? [S78 may have seen writing on the wall]

    ... I may have already posted many times on initial declines on-open ... but rampers may cling to ~1900 b/d ... lol

    ... any/if post-acid EPT flows maybe of interest ...

    I’d take 60c and give whoever the rest of block 9 which is possibly easily worth another $20B-$50B'
    Kit67 posted - 'it would be fair to say that the successful remediation of A2 would result in a valuation slightly north of 23 cents"

    ... time you & Kit changed your trading nappies ...

    ... it may all be about the API ...

    ... MAY have been performing extremely well operationally imo ...
    Last edited by Linebacker11: 20/02/25
 
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Last
2.3¢
Change
0.002(9.52%)
Mkt cap ! $77.51M
Open High Low Value Volume
2.2¢ 2.3¢ 2.1¢ $62.26K 2.871M

Buyers (Bids)

No. Vol. Price($)
1 909090 2.2¢
 

Sellers (Offers)

Price($) Vol. No.
2.3¢ 931186 2
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Last trade - 16.10pm 27/06/2025 (20 minute delay) ?
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