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13.6% 2.5¢ melbana energy limited

Ann: Alameda-1 Significant oil pay defined in Marti structure, page-114

  1. Ya
    6,809 Posts.
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    07/04/22
    14:15
    Post #: 60717652
    They cant tell the Oil API yet & will know for sure once the flowtesting is completed over these 2 zones later this month as well as recovery rates. Till then, the WL logged data supports Oil in Place volume. That's the easy bit. To b commercial, they need flowrates, Pressure data etc. Discovery has been epic, now the mkt waits for the Deliverability. Patience..
    MAY Price at posting: 17.8¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch. 5  Great analysis
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