MAY
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13.6% 2.5¢ melbana energy limited

Ann: Block 9 Alameda 2 Appraisal Update, page-152

  1. Mercury_Rising
    990 Posts.
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    15/08/23
    10:40
    Post #: 69341536
    Check out Rubiales field.
    180k bopd of heavy crude. 11-14 API.
    Bigger acreage is a plus for their horizontal drilling although far less net pay. Our upper sheet might end up with a bigger resource after the upgrade.

    There is certainly potential for a large project based on this discovery. 750 barrels a day without the benefits of injection could end up better than the 2k bopd at Rubiales.
    MAY Price at posting: 7.4¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 11  Upvote
    lightbulb Created with Sketch.  Great analysis
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