MAY
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2.17% 2.3¢ melbana energy limited

Ann: Block 9 Operations Update, page-240

  1. justinmetals
    7,883 Posts.
    lightbulb Created with Sketch. 1524
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    13/06/22
    23:13
    Post #: 61978186
    I would have thought they will stop before going too deep or risking over pressure. They don’t need to go balls out like Alameda, OB. They will want to produce. 10K should do it. 10k is mega and anything over that for wildcat is not normal in my (extremely) limited experience (investor with observations of <30 oil and gas wells combined). Deepwater horizon was only 3KPSI!
    Last edited by justinmetals: 13/06/22
    MAY Price at posting: 8.7¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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