MAY 2.94% 3.3¢ melbana energy limited

Hi alexei ii,I think using ROIP may confuse a few people in...

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  1. 336 Posts.
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    Hi alexei ii,

    I think using ROIP may confuse a few people in "anywhere between 200 and 400 MM bbl ROIP" as they may think the OIP relates to these volumes being just oil-in-place when they are Recoverable - due to basing the Vertical Richness calculation on McDaniel's Certified Mean Recoverable Resources Net to MAY of 35 MMBO.

    Repost of Slide below plus extract of ASX 13/4/22.

    Cheers
    VOGC

    https://hotcopper.com.au/data/attachments/5538/5538420-86d7a7c8c97d257dcf97552692a9b88d.jpg


    https://hotcopper.com.au/data/attachments/5538/5538419-df13e3a8c0ab7e3c9960d84a46c138c2.jpg

 
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