Australia's largest stock trading and investment forum Australia's #1 stock forum

MAY

Click for more information

0.00%

5.3¢ melbana energy limited

Ann: Total depth called for Alameda-1, page-7

First 7 Last

Share
Profile

Follow
Beno77

5,243 Posts.

622

17/03/22

13:48

Post #: 60251947
Share

Originally posted by Jazz9000: ↑

Drilling at Alameda-1 Completed
Highlights
• Drilling of the Alameda-1 well stopped at 3,916 metres measured depth (mMD) / 3,694
metres true vertical depth (mTVD) (predrill target total depth was 3,740 mTVD)
• Continuous excellent oil shows while drilling over a gross interval of almost 300 mMD
/ 245 mTVD in this objective alone, accompanied by the highest pressures
encountered to date in this well
• A further significant influx of oil and gas into the well bore and increased pressure
made calling total depth the prudent course of action, despite not having reached the
bottom of the potential reservoir section
• Drilling operations are now preparing to undertake electric logging which, depending
on results, is currently expected to be followed by flow testing

Expand

Brace yourself this will flow hard .

Recovery should be much higher than 5%

MAY Price at posting: 14.5¢ Sentiment: None Disclosure: Held
36 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 515 more messages in this thread...

First 7 Last

Add MAY (ASX) to my watchlist

(20min delay)
Last 5.3¢		Change 0.000(0.00%)		Mkt cap ! $175.2M

Open	High	Low	Value	Volume
5.2¢	5.5¢	5.1¢	$166.0K	3.117M

Buyers (Bids)

No.	Vol.	Price($)
1	379223	5.3¢

Sellers (Offers)

Price($)	Vol.	No.
5.4¢	659023	5

View Market Depth

No.	Vol.	Price($)
1	523946	0.053
2	210000	0.052
3	520000	0.051
4	422000	0.050
2	115003	0.049

Price($)	Vol.	No.
0.054	641203	4
0.055	220000	1
0.056	264321	4
0.057	230000	2
0.058	406379	3

Last trade - 12.40pm 06/05/2024 (20 minute delay)


Last 5.4¢			Change 0.000 ( 3.85 %)
Open	High		Low	Volume
5.3¢	5.5¢		5.1¢	1147334
Last updated 12.59pm 06/05/2024 ?

MAY (ASX) Chart

SPONSORED BY