On the subject of lighter crude.....
And and why Melbana says... "lighter-crude, that's the real game here..."
I found an article from 24 September 2020 in Energy-Pedia dot com
/news/brazil/melbana-energy-commences-block-9-drilling-preparations-180596
you all must take some time to read it as you will find it very interesting
Our critic here is focussed on the low 11.7 API heavy oil found at 500m depth.... (our upper sheet - this is not Alameda or Marti !!)
and, It's on trend to Varadero a successful 11 Billion Barrel oil in place producing oil field of.... heavy oil.
Not a bad consolation prize if that's the end of it?
Aleameda-3,
Read the article and tell me where you you sit on the "What if" and why our team pursues this "lighter-crude"
If it was all just heavy why is Melbana's team there?
Take a look at the historic API for Marti,
Let's not also forget the huge formation pressures they experienced with Marti.
Lighter crude, a highly fractured environment, with formation pressures needing an up rated blow out preventer?????
I think Alameda-3 will blow the doors off the low expectations being sown by our critics...
Amistad 3,2,1B 1A..... icing on the cake, and so fractured it excites them..
let the meausrements do the talking.
Good luck to all, especially to those critics sitting on the side lines...
- Forums
- ASX - By Stock
- MAY
- Ann: Investor Webinar
Ann: Investor Webinar, page-416
-
- There are more pages in this discussion • 538 more messages 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
2.7¢ |
Change
0.001(3.85%) |
Mkt cap ! $90.99M |
Open | High | Low | Value | Volume |
2.7¢ | 2.7¢ | 2.7¢ | $14.01K | 518.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 486110 | 2.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.8¢ | 417801 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 663782 | 0.027 |
3 | 314600 | 0.026 |
8 | 964660 | 0.025 |
10 | 1759035 | 0.024 |
11 | 2487925 | 0.023 |
Price($) | Vol. | No. |
---|---|---|
0.028 | 236548 | 4 |
0.029 | 359071 | 6 |
0.030 | 850000 | 5 |
0.031 | 469583 | 2 |
0.032 | 1503548 | 6 |
Last trade - 11.47am 18/09/2024 (20 minute delay) ? |
Featured News
MAY (ASX) Chart |