MAY melbana energy limited

Ann: Investor Webinar Presentation, page-103

  1. 14,401 Posts.
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    yes 5% recovery is using other Cuban near surface heavy crude oil recovery numbers so very worst case imho ... Errol talked up 20-25% when you start to fracture, pump CO2 recovery enchantments etc ..

    what I'm blown away by is just how large the whole Block Oil system could be Errol showed clearly the size of the structures we have encountered with the Alameda exploration drill are pretty impressive.. now put those huge intervals across many Kms of the same traps in the area ...??? we just need 3D to really get a better understanding on where to continue to explore but I think the future look very Muti Billion net to MAY later this decade .. now what's that worth in market cap ?
 
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