Hi rivermore,
My Post (link below) covers this issue. The pressure data, assuming it was able to be acquired and is considered accurate, will be able to provide MAY with the depth that the oil column extends to and thus its thickness. I was expecting this information to be released with the logging information as it could obviously be material to the share price.
I was also expecting the pressure information for the Alameda reservoir to be released for the same reason. As the Alameda's oil column was interpreted over the entire length of its measured depth hole, as I interpreted it to be from MAY's information released, there is obviously potential for the oil column to extend deeper within the structure. No oil water contact (OWC) was defined in the Alameda reservoir so we have Alameda oil charged reservoir lying directly on top of the Marti reservoir's top seal i.e. what is termed as "oil-on-rock" (see Slide below).
MELBANA ENERGY LIMITED (ASX:MAY) - Potential for Oil Charged Reservoir in Alameda-1 to lie >4,000mMD, 60414989, page-12 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
GLTAH
Cheers
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Hi rivermore,My Post (link below) covers this issue. The...
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