Melbana Energy Limited · ASX:MAY
Melbana Energy — Corporate Update (July 2023)
11 slides from Melbana Energy's corporate update, Jul 21, 2023
Slide 1: Melbana Energy Limited Alameda-2 Appraisal Webinar
MELBANA ENERGY LIMITED ALAMEDA-2 APPRAISAL WEBINAR 21 July 2023
Slide 2: Disclaimer
Disclaimer Summary of information: This presentation contains general and background information about Melbana Energy’s activities current as at the date of the presentation and should not be considered to be comprehensive or to comprise all the information that an investor should consider when maki
Slide 3: Agenda
Agenda 1. Results of Alameda-1 2. Appraisal Plan 3. Current Status 4. Alameda-2 Timeline and Casing Depths 5. Questions 3
Slide 4: Results of Alameda-1
Results of Alameda-1 1. Alameda-1 (an exploration well completed in April 2022 in Block 9, onshore Cuba) intercepted three geologically independent intervals, each with moveable oil under high pressure, that were subsequently independently assessed1 to contain: Oil in place - 5.0 billion barrels /
Slide 5: Appraisal Plan
Appraisal Plan • The three geologically independent intervals encountered by Alameda-1 are to be appraised in 2023 by two approved and funded appraisal wells, specifically designed using the information gained from the drilling of Alameda-1. • The appraisal program will use the same operations team
Slide 6: Current Status
Current Status • Drilling of Alameda-2 (the first appraisal well) commenced in June 2023. Its objective is to test the multiple units located in the Amistad interval. • In summary: Test Unit 1A (the first and shallowest unit) Isolate Unit 1A then drill ahead to planned total depth (~1,960 mMD) t
Slide 7: Status of Alameda-2 as of July 2023
Status of Alameda-2 as of 14 July 2023 Core from Unit 1A showing the presence of black oil in naturally fractured limestone Sampling oil recovered at surface from Unit 1A for lab analysis 7
Slide 8: Alameda-2 Timeline
Alameda-2 Timeline Activity 19-Jul 20-Jul 21-Jul 22-Jul 23-Jul 24-Jul 25-Jul 26-Jul 27-Jul 28-Jul 29-Jul 30-Jul 31-Jul 1-Aug 2-Aug 3-Aug 4-Aug 5-Aug 6-Aug 7-Aug 8-Aug 9-Aug 6" Section Core Hole Hole Coring Drill 6" hole Drill 6" TD Run Wireline Wireline Run 6" Casing 6" Casing Testing Unit 3 Test DS
Slide 9: Alameda-2 Drilling and Casing Depths
Alameda-2 Drilling and Casing Depths Unit / Lithology Depth Casing (mMD) GL 16.8m asl RT 22.6m asl 18-5/8” Tertiary Carbonates, Sandstones & 17-1/2” Claystones Hole 13-3/8” Unit-1A DST-1 Limestones Unit-1B Limestones 8-1/2” Hole Fault Repeats of Unit- 2 Limestones and serpentinites Serpentinite Casi
Slide 10: Questions
Questions 10
Slide 11: Melbana Energy Limited contact details
Melbana Energy Limited ABN 43 066 447 952 Mezzanine Floor, 388 George Street Sydney NSW 2000 AUSTRALIA Contact Telephone: +61 (2) 8323 6600 Email: admin@melbana.com