MAY 3.33% 2.9¢ melbana energy limited

Ann: Operations Update - Block 9, page-56

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  1. 3,480 Posts.
    lightbulb Created with Sketch. 497
    nope , if there is no oil there is no oil , no need to waste money on dry hole
    i would say they found something very interesting far exceeding expectations and needed to be confirmed by a independent specialist , the markets will respond positively to the second report , and a fiance company would want this if they intend to fiance a pipe line ,
    if they can get to 15 -20k bpd this makes it a $500mil a year well and total justifies a pipe line ,
    what we do know is we have oil ,the big ? is how much bpd
    marti will deliver the cuban holy grail to may holders might holy grail number 2 in this well [confirmed by a independent specialist]

    any one got some good cartoons bit boring around here frown.png
 
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