MAY 11.5% 2.3¢ melbana energy limited

Great post Deus, my key take away - stand by for material...

  1. 124 Posts.
    lightbulb Created with Sketch. 42
    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
 
watchlist Created with Sketch. Add MAY (ASX) to my watchlist
(20min delay)
Last
2.3¢
Change
-0.003(11.5%)
Mkt cap ! $77.51M
Open High Low Value Volume
2.5¢ 2.6¢ 2.3¢ $124.0K 5.095M

Buyers (Bids)

No. Vol. Price($)
10 2808380 2.3¢
 

Sellers (Offers)

Price($) Vol. No.
2.4¢ 339712 5
View Market Depth
Last trade - 16.10pm 19/07/2024 (20 minute delay) ?
MAY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.