Although its the recoverable oil that counts, its interesting to look back at the Feb 2017 and March 2017 announcements on the Melbana website and see the table of Oil in Place estimates - 12 billion barrels for the block, and 2.6 billion for the Almeda drill alone (high estimate of 8.7 billion barrels for Alameda!). Any increase to the recoverable % could be very material.
Although its the recoverable oil that counts, its interesting to...
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