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5.26% 3.6¢ melbana energy limited

kornik13,There also isn't an explanation over how the...

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  1. afawcett
    3,633 Posts.
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    04/04/24
    12:47
    Post #: 73186964
    kornik13,

    There also isn't an explanation over how the contingent resource has been estimated, the cut off between permeability/porosity and if fractures have been taken into account. These things may get tweaked after further production and 3D seismic. I think it's conservative, but then again the model has changed and the other sections of Amistad need to be established. There is a lot of heavy crude in unit 2&3 and potentially 1A.
    MAY Price at posting: 6.1¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 12  Upvote
    lightbulb Created with Sketch.  Great analysis
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