MAY 6.06% 3.5¢ melbana energy limited

Ann: Alameda 2 Drilling Update, page-33

  1. 6,418 Posts.
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    Well... when nothing flows, its pretty easy to just get back to drilling. They probably allowed time for flow testing, but since this announcement told us there was yet again no measurable flow rate, (probably no flow at all), then they had oodles of time to continue drilling.

    I predicted this yesterday:


    It has basically turned back into an exploration well at this point, damaging the 2D seismic interpretation. Damaging our total reservoir volumes.
 
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