Result of this was to give Melbana 25% ownership of Metagasco.
Announcement today looks positive for this investment
ASX Code: MEL31May2021
Odin-1gas discoveryto be cased for production•Odin-1 wireline logging confirms extensive gas pay in the primary Toolachee and Patchawarraformations, with gas pay also discovered in the secondary Epsilon Formation •Odin-1 well to be cased and suspended for future production•Odin-1 was drilled ahead of schedule and under budget•100% success rate with the three JV wells drilled in the Cooper Basin•The SLR184 rig is immediately mobilising for the drilling ofVali-3follow
Ann: Sale of Shares by Executive Chairman, page-21
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