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2.6¢ melbana energy limited

Ann: Block 9 Status of Alameda 3 and Operational Update, page-137

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634 Posts.

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03/12/23

19:05

Post #: 71244751
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Originally posted by justinmetals: ↑

That’s what I thought too. They’ve really expanded the pad to the south east. I’d like to see some more storage tanks soon. Perhaps 800 kl to buffer 5000barreels of night production.. if they’re only trucking during daylight hours… It looks to me like there is room for ten of these with two filling bays around the horse shoe. 4 tankers an hour for 12 hours will see 10kbopd leave the pad. I don’t see why you wouldn’t aim for 10k bopd if the well is good for it.. there is no need for the lack of a pipeline to be the bottleneck for 10k bopd per pad. Even in U1B It looks to me like 2 wells per pad will be producing north of 6000 bopd with a decent perforated interval. I’d love to see 16,000 bopd being trucked by this time next year.

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Can someone explain where these Kilobarrel a day production numbers come from?

If I understand the last 1b announcment, the well settled to 2 tankers a day on average continuous flow, which equates to about 400 barrels of oil per day?

Or are they putting in infrastructure before drilling more production wells.

I'm not intentionally being obtuse, just trying to get my head around it, what have I missed.

Cheers,

MAY Price at posting: 7.4¢ Sentiment: None Disclosure: Held
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