MAY 5.26% 3.6¢ melbana energy limited

GLOBALLY SIGNIFICANT DISCOVERY?, page-3

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    THIS IS A GLOBALLY SIGNIFICANT DISCOVERY.

    AND THE WORLD IS ONLY JUST WAKING UP TO IT.

    It is also likely to become one of the top oil exploration discoveries of 2021/2022. I can now see why AP was trying hard to contain his excitement at the webinar. Here is some context:

    In the Alameda alone, we hae a propsective resource of 119 million barrels of oil,


    Alameda ON ITS OWN, compares to some of the Top Oil Exploration Discoveries of 2021.

    e.g.
    Gulf of Mexico - In 2021, Eni announced a sizeable potential recoverable reserves estimated between 150 and 200 million barrels of oil.
    Norway - Vaar Energi revealed between 60-135 million barrels of recoverable oil reserves from the North Sea. And Neptune Energy 75 and 120 million barrels of oil

    Alameda is alrady 119 million barrels and we have two more wells to come, one of them.

    Congrats all.

 
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