MAY 9.52% 2.3¢ melbana energy limited

Ann: Block 9 Commencement of Alameda-3 drilling, page-324

  1. 3,607 Posts.
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    Hawarani,

    I wouldn't preempt announcements, so far progress is good and we should be drilling through the 1B at this moment. This will be done slowly to keep the well in good shape so that good cores can be taken in the U3.

    As Alexei has stated it should be fractured highly due to the faulting, so operations will be done slowly to get good core recoveries. Good core recoveries should result in excellent net/gross figures particularly with lighter oil and higher pressure.

    best of luck holders
 
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