MAY 6.25% 3.0¢ melbana energy limited

Ann: Change of Director's Interest Notice, page-60

  1. 3,567 Posts.
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    Hateful8,

    The various API figures represents the fact that oil is discovered in shallow and deeper horizons which bodes well for the prospectivity of the region and the robust trapping mechanism that exists.

    Also it should be noted that this well isn't a designed production well, the flow figures will improve with better designed producers that intersect the fractures at about 90 degrees.

    Exciting times ahead.

    best of luck holders
 
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