MAY 3.13% 3.3¢ melbana energy limited

Ann: Melbana Energy in Cuba, page-75

  1. 3,628 Posts.
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    I knew that the drilling through the lower sheets would be problematic and that hasn't changed. Duncan reiterated that the potential of this discovery is substantial. The focus of todays presentation was the Amistad so he couldn't elaborate much more. He thinks we could be producing here for the PSC term of 40 years given the scale of resources.

    I'm still quite positive and understand that there will delays and issues. Remember that the net/gross of the 1B is 86% which is crazy.
 
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