MAY 4.35% 2.2¢ melbana energy limited

Ann: Alameda 1 Independent Resources Assessment (Alameda Res), page-256

  1. 7,851 Posts.
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    Is it possible regardless of Zapato success, if they’re taking the big rig back to A1, rather than drilling the upper sheet they’d just pop another drill into the crest of Alameda with the 10k bop and produce from alameda rather than the upper sheet? This would only take a few extra weeks, notwithstanding higher cost and higher pressure rates casings - we can still afford it. This way they can get reserves certified in Alameda and surely add more value than upper sheet drilling? If Zapato is a success then perhaps an appraisal well into both alameda & Marti with a 15K bop would be the go - to max take over value. Test both Marti and Alameda. As operator we can choose… you’ll never get max TO value unless operator
    Last edited by justinmetals: 09/07/22
 
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