MAY 0.00% 5.1¢ melbana energy limited

Bollocks ...stop making up lies ... Alameda onshore discovery...

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    Bollocks ...stop making up lies ...

    Alameda onshore discovery going be much lower costs per bbl than deep water (yes heavier oil is worth less but not that much) .. yet Pemex keeps on spending hundreds millions ...

    Mexican state-owned oil company Pemex plans to carry out a new wave of investments worth more than $400 million in the Gulf of Mexico’s Holok-Han area in an attempt to unlock oil and gas from the deep-water play off the coast of Veracruz state.From 1998 to 2018, Pemex drilled a total of 14 prospects in Holok-Han — 13 exploration wells and one delineation well — but the company never advanced to a production development phase.
 
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