MAY 5.13% 3.7¢ melbana energy limited

Ann: Block 9 Alameda 2 Appraisal Update, page-512

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  1. 103 Posts.
    lightbulb Created with Sketch. 10
    We are talking about Heavy crude oil here….not too many flow or your definition of flow without assistance.

    The key term we were looking for is moveable which we have.These upper sheets were known to be Heavy…

    Its the lower targets being targeted in the second appraisal well which they hope will flow as the oil has been proved by previous drilling to be lighter.

    Im confused as to why their is confusion over these facts ??
    Did investors not read the information or did they interpret it wrong



 
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