MAY 9.09% 2.0¢ melbana energy limited

They don't need to do anything re Marti for the foreseeable...

  1. 6,780 Posts.
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    They don't need to do anything re Marti for the foreseeable future.

    Do the flow tests on the two reservoirs above Marti then move the rig to Zapato.

    Which ever looks best can be left on flow for an extended duration test (and to provide cash flow).

    They may even be able to get a smaller rig to do the Upper sheet drills in parallel with the Zapato.

    I'm not saying they don't have some issues to deal with but they are all issues to do with how extraordinarily successful Alameda has been at EVERY layer of this well.

    This is a very big discovery, the 5% recovery baseline is just that, MAY can't comment on anything higher than that until they have API rated samples and flow data but one thing is abundantly clear, the P10 figure is shot through and through.

    We need to be patient though, AP and crew will continue being methodical as they unravel Alameda and I suspect Zapato also.

    Great times underway and in the weeks ahead IMO.
    Last edited by rivermore: 16/04/22
 
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