MAY 3.23% 3.0¢ melbana energy limited

Ann: Block 9 Alameda 2 Appraisal Update, page-665

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  1. 4,658 Posts.
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    Because 750 a day unassisted is better than other fields produced unassisted,
    that eventually produced at 2k per day assisted."


    ... not so MercuryR ... report states 'potential' ... not 'flowed' ... that's maybe not even in the same universe.

    ... just for a start ... important question in basic of basic O&G terms for you -

    ... Question - out of ~63 bbls recovered - how much was oil ? ...

    ... MAY - probably 3' tubing [could be wrong] [?] ... which may make it look even worse ...

    ... MAY - any kick-off wells maybe years away ...

    ... MAY - huge positive imo is the MAY MD is correct and knows exactly what he is doing.
    Last edited by Linebacker11: 17/08/23
 
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