MAY 4.35% 2.2¢ melbana energy limited

Ann: Alameda 1 Independent Resources Assessment (Alameda Res), page-254

  1. 12,409 Posts.
    lightbulb Created with Sketch. 686
    they will drill this well .hit more oil .put on test.
    move rig and redrill top section from first well .
    andrew already discussing production procedures with party and gov.
    get flows from both wells and truck to refinery .
    once they get production for six months or more and everything flows well . run 3d testing over site and put a programme to drill more wells .
    if the flows are good they might talk to cuban gov and rig up some pipe line to refinery for some % of the wells revenue .the money earnt will go back into cuba drilling and melbana will continue exploring other prospects .

 
watchlist Created with Sketch. Add MAY (ASX) to my watchlist
(20min delay)
Last
2.2¢
Change
-0.001(4.35%)
Mkt cap ! $74.14M
Open High Low Value Volume
2.4¢ 2.4¢ 2.1¢ $444.7K 19.98M

Buyers (Bids)

No. Vol. Price($)
3 2048367 2.2¢
 

Sellers (Offers)

Price($) Vol. No.
2.3¢ 1402823 5
View Market Depth
Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
MAY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.