MAY 11.5% 2.3¢ melbana energy limited

Ann: Application for quotation of securities - MAY, page-7

  1. 1,826 Posts.
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    Most of the "ramping" is coming from the co. itself, with various media and pictures to go with it, e.g.;

    "119 million barrels recovereable in the upper sheet is a great start"

    "Once again with free oil and gas in the mud system with the highest pressures we've encountered to date in this well"

    "A further significant influx of oil and gas into the wellbore and increased pressure made calling total depth the prudent course of action, depsite not reaching the bottom of the potential reservior section"

    "The oil that has been found in Alameda-1 appears to be less heavy, under considerably more pressure than that found offshore"

    "Logging of the N section shows extensive natural fracturing..."

    "Alameda is on trend to the nearby Varadero oil field, reported to contain 11 billion barrels of oil in place and responsible to tens of millions of barrels of oil production since its discovery in the 1970's"




 
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