MAY 5.26% 3.6¢ melbana energy limited

Ann: Drilling update at Alameda-1 - Strong oil shows, page-102

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  1. 2,289 Posts.
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    The great thing about this discovery, revenue can be generated only months after the discovery by trucking the oil to nearby oil infrastructure and storage units and down the track oil pipe lines can be built to take the oil to the nearby oil infrastructure and it will not cost no were as much as compared if it was offshore oil discovery. This will be a great cash cow for MAY for many years to come.
 
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