MAY 3.57% 2.7¢ melbana energy limited

Ann: Alameda 2 First Production Results, page-390

  1. 7,915 Posts.
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    I think they will core and flow test all zones if I interpret AP correctly.

    I just got myself a new PC so having a play on 365

                         
    1             ALAMEDA RESOURCE POTENTIAL        
    2     Oct-21 Jul-23   Jul-22 ASSUMED RECOVERY IMPROVED RECOVERY ADDITIONAL UPSIDE BASED ON A2 DRILL NET MAY WITH MAX UPSIDE  
    3   INTERVAL m NET m NET m API BOIP (MM) 5% 15%     NOVICE COMMENT
    4 A1A 415m 48m (100m IGNORING 12% POROSITY CUTOFF) 48m + 63m + (50% X 290m?) = 256M 11 2500 41 123 5X 184.5 UPSIDE BASED ON 256m NET PAY INSTEAD OF 48m NET PAY AND IGNORING 12% CUTOFF CONSIDERING NATURAL FRACTURE NETWORK
    5 A1B                    
    6 A2 15 44 132 198            
    7 A3 34 102 153              
    8 ALAMEDA 500m (+500m?)       2300 148 444 1.5X 266.4 1.5X IS A GUESS BASED ON ENTERING RESERVOIR 500M BELOW CREST
    9 MARTI         1500 95 285 ? 171  
    10 TOTAL           362 1086 3243 972.9 1 BILLION TO MAY ISNT ALL that FAR FETCHED AND 15% POROSITY STILL HAS PLENTY OF UPSIDE WITH HIGHLY FRACTURED CARBONATES
    Last edited by justinmetals: 10/07/23
 
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