MAY 4.00% 2.6¢ melbana energy limited

Ann: Block 9 Alameda 2 Appraisal Update, page-634

  1. 4,161 Posts.
    lightbulb Created with Sketch. 699
    Agree totally that my comment is taken with hindsight and if they discovered a lighter oil that flowed everyone would be cheering.

    The comment was more about the way that AP is framing it now making it sound like they knew all along the type of oil that A2 would bring comparing it to other Cuban Shallow Fields which actually made no sense to the way the A2 appraisal campaign was designed.

    Makes more sense if they admit they didn't find what they were looking for within unit 3 with the oil type being heavy and requiring other methods of extraction end of story.
 
watchlist Created with Sketch. Add MAY (ASX) to my watchlist
(20min delay)
Last
2.6¢
Change
0.001(4.00%)
Mkt cap ! $87.62M
Open High Low Value Volume
2.6¢ 2.8¢ 2.6¢ $208.3K 7.823M

Buyers (Bids)

No. Vol. Price($)
3 645011 2.6¢
 

Sellers (Offers)

Price($) Vol. No.
2.7¢ 1907832 5
View Market Depth
Last trade - 16.10pm 16/07/2024 (20 minute delay) ?
MAY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.