MAY melbana energy limited

Final Answer Assuming the pump and production have continuously...

  1. 8,386 Posts.
    lightbulb Created with Sketch. 1701
    Final Answer

    Assuming the pump and production have continuously stayed on since the April 15, 2025 update, with only pressure monitoring and pump speed changes as interventions, there is a 60–70% chance that the production rate from the Alameda-2 well in Block 9 has increased from 488 BOPD to approximately 500–600 BOPD, driven by natural cleanup (5–15% gain from clearing fines) and potential pump speed optimization guided by pressure data. A significant increase (>600 BOPD, e.g., 1,235 BOPD) has a 10–20% chance, as it likely requires new wells like Amistad-2. A decline (400–470 BOPD) has a 15–25% chance, possible from pump issues but mitigated by Unit 1B’s strong reservoir and monitoring. No change (488 BOPD) has a 20–30% chance, plausible if cleanup benefits are exhausted. For the latest production data, check Melbana Energy’s ASX announcements or website
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
2.3¢
Change
0.000(0.00%)
Mkt cap ! $77.51M
Open High Low Value Volume
2.3¢ 2.4¢ 2.3¢ $28.49K 1.219M

Buyers (Bids)

No. Vol. Price($)
1 160118 2.3¢
 

Sellers (Offers)

Price($) Vol. No.
2.4¢ 445075 5
View Market Depth
Last trade - 15.55pm 19/06/2025 (20 minute delay) ?
MAY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.