MAY 5.26% 3.6¢ melbana energy limited

avthold04,We have 30% of 46mmbo, which is one compartment of the...

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    avthold04,

    We have 30% of 46mmbo, which is one compartment of the 1B reservoir that was drilled. I personally think it's very conservative at this point and I'd like to talk with Errol about the breakdown of how we get to those resource figures. It could be that Units 2/3 are where the majority of Amistad reserves exist.

    We have much more upside and the Marti/alameda seem to be substantially more material. The majority of the prospects mapped are lower sheet and that if you look at the historical wells in the block there are a few upper sheet appraisal wells following up shows. The historical presentation placed on here recently alluded to those wells and the prospects targeted.

    best of luck holders
 
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