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5.26% 3.6¢ melbana energy limited

Ann: Webinar - Block 9 Field Development Plan, page-168

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  1. justinmetals
    7,947 Posts.
    lightbulb Created with Sketch. 1545
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    11/07/24
    14:47
    Post #: 74709717
    Sherritt might get X% farmout.
    I’m keen to get 1b perforated over a decent interval >20% (say 80-100%) and combined with a good acid frac job following study, maybe A2 1B can flow 5000bopd all by itself.

    Only then we can talk farm outs.

    The team has had 4+2 months to suss out these plans for a programmed stim job in September and first oil production in October

    AP reckons bankers get shit done. Seems about right at this stage. At least the first part
    upload_2024-7-11_14-47-46.png
    Last edited by justinmetals: 11/07/24
    MAY Price at posting: 2.2¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
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