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Why Did Melbana Energy Complete Early Production Testing in Block 9? — ASX:MAY| ASX Mining News & Discussion
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Lykeshares Official
$MAY Why Did Melbana Energy Complete Early Production Testing in Block 9?
Melbana Energy Limited recently announced the completion of early production testing in Block 9 of their operations in Cuba. The testing, conducted in Unit 1B of Alameda-2, yielded valuable data on the reservoir and logistics performance. In total, 20 tanker loads of oil were successfully delivered to offsite storage.

During the 10-day production period, the flow reached a peak of 1,183 barrels of oil per day (BOPD). The production was intentionally slowed down to ensure a constant rate for optimal data collection. This extended production phase helped gather important information on the transport and storage arrangements for the oil.

Samples of the produced oil were taken for further analysis, including Pressure Volume and Temperature (PVT) analysis. The data obtained during the testing period were of good quality and are currently being analyzed by Melbana Energy's geoscience team and consultants.

Following the completion of the early production testing, the well has now been shut ...
Why Did Melbana Energy Complete Early Production Testing in Block 9?

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Lykeshares Official
Berkshire is hoarding so. much. cash.
Berkshire is hoarding so. much. cash.
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Lykeshares Official
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.

There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can ...
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore. There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can rush, it’s a complex, slow-moving process that takes years of precision and experience. Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
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Lykeshares Official
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
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Lykeshares Official
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
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Lykeshares Official
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
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Lykeshares Official
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
🔺 Student Loan Delinquencies Hit Record 12.9%... The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
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Lykeshares Official
$ASN Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?