MAY 2.44% 4.0¢ melbana energy limited

Ann: Block 9 Status of Alameda 3 and Operational Update, page-74

  1. 3,658 Posts.
    lightbulb Created with Sketch. 1073
    great update today!!!

    especially enjoyed reading:
    https://hotcopper.com.au/data/attachments/5776/5776819-c0d8bd11060046e1bcfb7e8e820717b8.jpg

    Just a reminder (updated) on what ~$1.2BILLION BUYS YOU (KAR's RECENT ACQUITION):
    https://hotcopper.com.au/data/attachments/5776/5776811-52974b8c4e546a3f03b9a54c5f302373.jpg
    KAR paying $1.2bn for
    a) 39MMboe 2P reserve increase
    b) 57MMboe 2c+2U resource increase
    c) ~5MMboe production increase (that will drop to 4MMboe from the second year). 5MMboe = 13,700 boe a day.....wink.png

    wonder what our 615m of net pay will yield us???
    https://hotcopper.com.au/data/attachments/5776/5776828-269c6c0ae7a05fe71409356f45bdc519.jpg
    30% of 500 (guesstimate)=150 MMboe?? net from our upper sheet alone?



    2024. our year of transformation.....! bring it on!!
 
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