MAY melbana energy limited

Ann: Notification regarding unquoted securities - MAY, page-97

  1. 8,388 Posts.
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    Cashflow from 1B export oil will easily fund this pipeline notwithstanding the possibility there will be multiple offtakes signed even before the build starts.

    I’d expect 15k bopd being trucked from 3 pads producing from both the upper and lower reservoirs by the time construction begins in I guess 12 to 18 months. By then there is perhaps 3pads producing 3x1B + 2xM. And perhaps
    2x 12” pipes - one for medium and 1 for light oil.

    trying to forget the current SP… keep in mind. APs development plan was for the upper sheet project only. Think it would be safe to easily double those figure figures, but the pads will be limited to 5000 barrels a day trucking
    Last edited by justinmetals: 06/02/24
 
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