Melbana
My take from the preso today
Onshore conventional prospects in NZ and Cuba.
Cuba
Drill one well by end Nov 2019.
But planning 2 wells, under explored, rigs in country. There block has oil seeps and 19 leads sub thrust sheet so oil might be lighter. Leads on trend with existing fields.
Old oil field with light oil in block.
Alameda prospect sub thrust Reservoir target is a limestone with 24 API
Zapato prospect
Massive size, huge closure. Limestone targets again.
NZ
Drilling Jan 18, 12 million barrels
Based upon 3D seismic and an old well with oil shows down dip.
Oz
Beehive offshore prospect, ho hum and wants a farmout
Like the Cuban play, just need to know the funding.
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