MAY 3.33% 3.1¢ melbana energy limited

Ann: Alameda-1 Drilling Update, page-78

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  1. 313 Posts.
    lightbulb Created with Sketch. 108
    This is reasonably good news, all these types of wells have issues, but they clearly stated

    Preparations underway to drill a short side-track well in order to safely conduct flow testing of the high pressure 300 mMD1 / 245 mTVD2 gross interval encountered in the Marti objective

    Drilling a short side-track well will give a good test of the high pressure. The big issue water is really not an issue lower down, as they can be cap this off
    Over all not bad. Wait for expert report now and that I think will be very positive and that will be after the short side-track, may a few days
    So lots of oil higher up and lower section looking good
 
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