From Alameda-1's history, it was slow going through this section. They will reach section TD in the Vega Alta, the top-seal unit for the Alameda reservoir, run logs and set casing. We may not hear anything for a couple of weeks on this front. The McDaniel's upper sheet report is expected in Q1 2024 (see website). I would say it will likely be March. The next update may be the half year report, due early to mid March. From then on it will be (lighter) oil pouring over the shakers the rest of the way down for the final km.
MAY Price at posting:
6.0¢ Sentiment: Buy Disclosure: Held
