MAY 4.35% 2.4¢ melbana energy limited

seaosh,The understanding about alameda-3 is that there was an...

  1. 3,611 Posts.
    lightbulb Created with Sketch. 1928
    seaosh,

    The understanding about alameda-3 is that there was an interaction between reservoir fluids and drilling fluids causing an emulsion. It seems it's probably likely made worse by slow drilling progress in reservoir, much like what occurred in Marti-5. Given there was pressure at surface it's unlikely reservoir damage and more of a head scratching moment that was unexpected but slightly foreseeable on hindsight. Duncan has a plan that seems workable, the local drilling contractors employed by Sherrit think it sounds like white man magic. We will see in time if magic works.
 
watchlist Created with Sketch. Add MAY (ASX) to my watchlist
(20min delay)
Last
2.4¢
Change
0.001(4.35%)
Mkt cap ! $80.88M
Open High Low Value Volume
2.3¢ 2.5¢ 2.3¢ $95.57K 3.980M

Buyers (Bids)

No. Vol. Price($)
3 616339 2.4¢
 

Sellers (Offers)

Price($) Vol. No.
2.5¢ 2011501 13
View Market Depth
Last trade - 16.10pm 27/08/2024 (20 minute delay) ?
MAY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.