MAY
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2.44% 4.0¢ melbana energy limited

Ann: Alameda-3 Drilling Update, page-181

  1. afawcett
    3,550 Posts.
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    22/04/24
    13:19
    Post #: 73456589
    jwoody1000,

    The latest announcement mentioned gas kicks and the need to sidetrack. All part of the fractured play with a gas drive mechanism which is what drives production in the Cuban fold belt. Gas would influx at first then oil later when entering a pressurised section.
    MAY Price at posting: 5.8¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 4  Great analysis
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