MAY 3.85% 2.7¢ melbana energy limited

Ann: Total depth called for Alameda-1, page-483

  1. 600 Posts.
    lightbulb Created with Sketch. 122
    Wire line logging is used to measure the volume of oil in place (OIP), it's essentially a scan. Flow testing is used to measure the pressure the resources are under, and essentially gauge the ease of recoverability - at what rate the oil flows out of the well.

    Oil from the flow test will then be examined after the flow rate is gauged, which will essentially tell us if it is heavy or light.
    Last edited by amlamlaml: 20/03/22
 
watchlist Created with Sketch. Add MAY (ASX) to my watchlist
(20min delay)
Last
2.7¢
Change
0.001(3.85%)
Mkt cap ! $90.99M
Open High Low Value Volume
2.7¢ 2.7¢ 2.7¢ $18.45K 683.5K

Buyers (Bids)

No. Vol. Price($)
1 50000 2.6¢
 

Sellers (Offers)

Price($) Vol. No.
2.8¢ 269722 5
View Market Depth
Last trade - 15.50pm 18/09/2024 (20 minute delay) ?
MAY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.