MAY 5.71% 6.6¢ melbana energy limited

Ann: Block 9 - Maiden Contingent Resources, page-254

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    market cap of $1.7b

    Karoon Energy is moving swiftly to try to capitalise on its $1.1 billion acquisition of oil and gas interests in the Gulf of Mexico, with a new drilling campaign that could potentially lift the company’s total reserves by more than a third to some 70 million barrels.

    Karoon's has market cap of $1.7b - doesn't Melbana have reserves of 46 mb just in 1b
 
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