MAY 9.52% 2.3¢ melbana energy limited

Ann: Block 9 Alameda 3 Appraisal Update (Alameda reservoir), page-896

  1. 7,223 Posts.
    lightbulb Created with Sketch. 858
    All good, it's the size of the choke that the 293bopd was produced through, 25.4 mm to an inch.... the debate was whether they restricted the flow by choking it down to limit production or if opening it up caused pressure to drop off / fluctuate/ run out of puff.. the latter it seems..as they (not me) are stating there was no well depletion noted , they suspect near well bore damage.... As do I.
    A lot of bad news was kitchen sinked in the webinar accompanied by an early quarterly imo.
    Perfectly set up , engineered buying op, also imo....took full advantage.
    The oil (fortunately/ unfortunately) hasn't disappeared , as witnessed by bod actions .
    Aimho.
 
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