MAY 3.45% 2.8¢ melbana energy limited

Ann: Webinar for Block 9 Update, page-116

  1. 1,309 Posts.
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    multiple OIL traders and this Amonez ?? WTF ?

    Thats what I thought the first time, second time sounded more like "farminees" whichis on one of the slides

    so say for the 1B 7x wells maybe the 100% interest in these wells reduces by 30% percent but its fully funded by Farmee.

    30% would then result in Melbana 21%, Sonangol 49% and farmin partner 30%.

    It may not be as high as 30%, with 7 wells in production and oil production forecast to be 25,000 bpd by the end of 2025, the farm-in partner will be sharing in some healthy returns by 2026
 
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