MAY 20.0% 4.8¢ melbana energy limited

PESA Luncheon, page-112

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    By the end Of this year I hope with good reason that the Alameda discovery will be minimum 1 billion reserves not 300 million per the super conservative 5% recovery Specially when considering the lower reservoirs will be a lighter oil and we already know that the carbonates are naturally fractured to the extreme.
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