https://www.********.au/2022/07/08/heres-why-the-melbana-energy-share-price-is-ripping-19-ahead-today/
What does this mean overall?This means that the first two reservoirs have now been independently assessed to contain a combined 4.8 billion barrels of oil in place and 267 million barrels of prospective resource.But it may not end there. The company reminded investors that there’s still a third structure to add into the equation in the future. McDaniel’s resource assessment of the third and final structure encountered is still to be received.
Ann: Alameda 1 Independent Resources Assessment (Alameda Res), page-139
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