MAY 6.25% 3.0¢ melbana energy limited

Ann: Organisational Change, page-96

  1. 124 Posts.
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    Great post Deus,
    my key take away - stand by for material upgrade to resource -imo

    What they found=
    Alameda-1 (TD of 3,916 mMD) intercepted three geologically independent reservoirs, each with moveable oil under high pressure, that were subsequently independently assessed1 to contain:  Oil in place - 5.0 billion barrels

    Then the Summary-
    Of the 5.0 billion barrels of oil in place encountered by Alameda-1, the combined Prospective Resource* of 267 million barrels of oil (100%, best estimate – Melbana 30%) assumes typical Cuban recovery rates.If the oil Alameda-1 encountered proves to be lighter and/or more greatly charged then this number could be higher.
    Last edited by Dashriprock: 04/07/23
 
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