Hi All,Just posting a summary of my review of how the...

Hi All,

Just posting a summary of my review of how the reprocessing of existing 2D seismic & acquisition of new 2D seismic by MAY may have helped to refine & de-risk the Alameda Prospect's objectives.

I have not been able to locate in any of MAY's ASX releases as to the quantity & location of 2D seismic lines but MAY mentions in various releases that 2D data reprocessing was carried out and new 2D data acquisition was required under the terms of the PSC (see Slide 7).

In summary:
The Prospect & Lead maps & Schematics (defined from structural mapping of seismic data) pre & post 2D seismic reprocessing & new 2D acquisition show significant differences.
IMO this strongly indicates that the current seismic data set has allowed a considerably more accurate definition of the areas structural form than was previously possible, and thus, provides further confidence in the mapped objectives structural form i.e. reduces the risk on Trap definition.

GLTAH
Cheers
VOGC

Links to previous posts that also provide background information in chronological order:
MELBANA ENERGY LIMITED (ASX:MAY) - Alameda Prospect Brief Review - value, risk, RF, follow-up etc, 56434133, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

MELBANA ENERGY LIMITED (ASX:MAY) - Alameda Prospect Brief Review - value, risk, RF, follow-up etc, 56444416, page-7 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

MELBANA ENERGY LIMITED (ASX:MAY) - Ann: Alameda-1 intersects 670 metres of oil shows, 56586624, page-94 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum