MAY 0.00% 3.0¢ melbana energy limited

Ann: Alameda 2 First Production Results, page-150

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  1. 7,334 Posts.
    lightbulb Created with Sketch. 870
    This is what surfer Sam was saying, and got chewed out for... The higher api (lighter) oil won't be found till we get deeper where it is much hotter, too hot for the 'bugs' to live that feed off the lighter oils and turn them heavy (like today's shallow 'cold'oil , well chomped by 'bugs')...
    The Alameda 3 well will be that one.
    Al2 is the appetizer ...be careful you don't sell out too soon.
    Flam is a windsock imho buys, bullish analysis, sells. bearish analysis.... Pretty easy to spot imho.
    Need your own mind here.
    Good luck tc.
 
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