MAY 6.06% 3.5¢ melbana energy limited

Marti 5 Well leaked 32 and 38 API oil despite recovering 24 API...

  1. 4,472 Posts.
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    Marti 5 Well leaked 32 and 38 API oil despite recovering 24 API when first drilled."


    ... been through this before ... check earlier posts ... how long was the well shut-in [?] ... sigh ...

    ... never posted there may not be potential or that MAY is worthless ... never ...

    ... now you're jumping at posters who may post it may flow 20000 bbls/d ... LOL .1000 ...

    ... ~18 months ago posted an Acid-Stim ... N2 lift ... everyone to busy ramping on 1.00 and 10000 bbls/d ... lol

    ... you forget that extra rigs, extra services all cost money $$ and time ... and Acid doesn't always work ...

    ... est. maybe ~15M spent last quarter ...

    ... it maybe trading like a Capital Raise [?] ... [~3.2 Billion on issue] ... VWAP ...

    ... the door to 0.040 maybe open if those ~0.059 bids evaporate ... or may hype return ...

    ... any market fall-out from these next zones may be nuclear ...

    ... it may all be about the API ...

    ... MAY have been performing extremely well operationally imo ...
    Last edited by Linebacker11: 11/04/24
 
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