MAY 9.09% 2.4¢ melbana energy limited

Ann: Block 9 Alameda 2 Appraisal Update, page-613

  1. 3,602 Posts.
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    kit67,

    Recovery depends on porosity, permeability, pressure and fluid/gas density. The lessons learnt yesterday were important as it shows that fluid density is the major concern. An increase in the downdip would increase the oil in place and therefore resources. We need as VOGC pointed out an ongoing production test once the intervention is commenced to induce production.

    Seismic particularly 3D will be needed to better define the resource. It could be much bigger then interpreted under the models due to the increases in net/gross since A-1 to A-2.

    best of luck holders
 
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