MAY 2.00% 5.1¢ melbana energy limited

The inability to have original thoughts actually questions your...

  1. 4,417 Posts.
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    The inability to have original thoughts actually questions your reality."


    ... that's right ... comments are mainly on what has been reported by the company, not what you 'think' ...

    ... an example of reality - seems as you may struggle with this -

    "Quarterly Activities Summary - Period Ended 31 December 2023

    LR 5.30 (a) Alameda-2 appraisal well, conventional oil.

    LR 5.30 (j) A total of 2,715 barrels of oil have been recovered over the duration of the test and trucked to a battery. The choke size for the majority of the test period was 12/64” with a corresponding average oil rate of 293 BOPD and ranged up to 30/64” and a peak of 1,183 BOPD during the PVT sampling process."

    ... this means 293 bbls/d ... and the market may agree ...

    ... MAY have been performing extremely well operationally imo ...
    Last edited by Linebacker11: 21/02/24
 
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