Alameda 2 will be quick to drill, its only shallow and is into a 1400m vertical oil saturation.
AP says the plan is to put it on test production, truck oil to local refinery.
The commentary about applying for additional well pads in close vicinity is encouraging.
Would have liked to see early Feb rather than later Feb for a start of drilling but as long as it sticks to schedule we should be in for a wild ride in 2023.
MAY Price at posting:
5.2¢ Sentiment: None Disclosure: Held
