Alexei ii,
Reserve certifiers would look at all metrics including fractures to determine reserve/resource figures. Naturally they are inclined to be conservative given the impact the figures have on companies, it's much like an audit where they assess the internal company figures. Given the changes to the interpretations I'm not surprised it's taking longer, we now have something of a giant oil field just in the Amistad.
We will attract a lot of attention soon as the majors including the US ones have a look. The Guyana oil discoveries are only 100-300m thick net pay over multiple reservoirs, what Melbana has drawls each individual field. Given that there are over 20 similar prospects in block 9 we could have a lot more oil then the golden mile.
- Forums
- ASX - By Stock
- MAY
- Ann: Block 9 Status of Alameda 3 and Operational Update
Ann: Block 9 Status of Alameda 3 and Operational Update, page-280
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MAY (ASX) to my watchlist
(20min delay)
|
|||||
Last
3.1¢ |
Change
0.001(3.33%) |
Mkt cap ! $104.4M |
Open | High | Low | Value | Volume |
3.0¢ | 3.2¢ | 3.0¢ | $77.72K | 2.484M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 308306 | 3.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.2¢ | 74464 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 308306 | 0.031 |
15 | 2834686 | 0.030 |
13 | 1879377 | 0.029 |
6 | 3448572 | 0.028 |
5 | 1131370 | 0.027 |
Price($) | Vol. | No. |
---|---|---|
0.032 | 74464 | 1 |
0.033 | 1170000 | 3 |
0.034 | 151693 | 2 |
0.035 | 271623 | 2 |
0.036 | 150000 | 1 |
Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
Featured News
MAY (ASX) Chart |