MAY 4.00% 2.6¢ melbana energy limited

Ann: Alameda-2 - Successful Flow Test of Lighter Oil to Surface, page-309

  1. 5,039 Posts.
    lightbulb Created with Sketch. 778
    I agree. At end of A3 we will be wealthy and thats a month away. A3 has two zones that DWARF Amistad. Amistad upper sheet is MEGA wells. So a billion dollar company we become overnight.
    If we produce 5000barrells day thats 500k US a day or 1.7billion dollars revenue per year. Our 30% be worth 540million us a year gross. Net cpuld be $200m us a day.
    Thats based on A2 uppersheet. These are mind blowing numbers

    if I wanted to takeover I'll make sure the company share is suppressed imo.


 
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