MAY
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0.00% 3.2¢ melbana energy limited

"This unit is interpreted to be the main top seal for potential...

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  1. longt
    1,383 Posts.
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    27/01/22
    15:47
    Post #: 59165987
    "This unit is interpreted to be the main top seal for potential hydrocarbons trapped in the limestone reservoir section below it. It is correlated to a similar unit in the adjacent Marti-5 well, below which significant oil shows and hydrocarbon recoveries were reported."

    Hopefully MAY has chosen the "sweet" spot for drilling. So far they've encountered more oil than expected in the upper section of the well. Marti-5 previously encountered oil at the "N" section as stated above. Lets see what happens?
    MAY Price at posting: 2.2¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 18  Upvote
    lightbulb Created with Sketch.  Great analysis
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3.2¢ 		Change
0.000(0.00%) 		Mkt cap ! $107.8M
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