MAY melbana energy limited

Ann: Block 9 - Maiden Contingent Resources, page-376

  1. 3,648 Posts.
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    The McDaniels report is conservative, basically when you think about it we are only 25m from A-1 at a-3 and about the same to A-2. We need to step it out +500m to get a meaningful understanding of the extent of the discovery and to derisk reservoir parameters. It's only Amistad U3 that has a step out updip with the deviated section.

    We will get there but it's going to take time and require more rigs. If you had this much virgin ground in Texas in a prolific basin such as the Permian you would be falling over yourself.

    best of luck holders
 
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