MAY 4.17% 2.3¢ melbana energy limited

Ann: Alameda-2 Appraisal Well Drilling to Commence Next Week, page-27

  1. 6,768 Posts.
    lightbulb Created with Sketch. 1646
    Its worth revisiting the initial drill reports from Alameda 1.

    The logs were showing oil from shallow depths and given the very limited total depth of A2 I expect that we will be seeing what Alameda has to offer very quickly.

    Will be particularly interested in oil viscosity and reservoir porosity.

    Good results from either will result in aa big recoverable reserve increase, good results from both????

    Globally significant.

    DYOR.
 
watchlist Created with Sketch. Add MAY (ASX) to my watchlist
(20min delay)
Last
2.3¢
Change
-0.001(4.17%)
Mkt cap ! $77.51M
Open High Low Value Volume
2.3¢ 2.4¢ 2.2¢ $61.98K 2.702M

Buyers (Bids)

No. Vol. Price($)
4 753326 2.3¢
 

Sellers (Offers)

Price($) Vol. No.
2.4¢ 2582136 17
View Market Depth
Last trade - 16.10pm 29/07/2024 (20 minute delay) ?
MAY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.