MAY
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6.25% 3.0¢ melbana energy limited

Don't Sell Your Shares Cheap, page-163

  1. The Mechanic
    2,182 Posts.
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    22/03/22
    15:04
    Post #: 60344843
    On a such a large oil prospect Alameda they could have easily 10-20 producing wells located all over the prospect.
    As an example CUE which has an interest in an operating oil prospect in Indonesia which is 60 million barrels in size, they have 10 producing wells and intend to increase it to 15 producing wells in the coming months.
    Last edited by The Mechanic: 22/03/22
    MAY Price at posting: 15.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 16  Upvote
    lightbulb Created with Sketch.  Great analysis
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