MAY
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3.85% 2.7¢ melbana energy limited

Hi All,Just posting a summary of my Zapato Prospect Review. IMO...

  1. VOGC
    336 Posts.
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    14/06/22
    14:13
    Post #: 61991737
    Hi All,

    Just posting a summary of my Zapato Prospect Review. IMO an excellent exploration opportunity, with the currently stated Chance of Success (COS) at 23% being harsh.

    IMO MAY have carried out a comprehensive and rigorous assessment of the prospect; particularly, in relation to the seismic interpretation methodology & potential field modelling.

    I run through:
    - Source, Migration and Timing
    - Reservoir Development, Adequate Net / Gross and Existence of Fractures
    - Seal Development and Competency
    - Trap Integrity

    GLTAH
    Cheers
    VOGC

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    MAY Price at posting: 8.3¢ Sentiment: Buy Disclosure: Held
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