MAY melbana energy limited

Ann: Block 9 Operations Update, page-715

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    https://www.linkedin.com/posts/petro-australis-energy_bhp-woodside-pae-activity-7338035286171447296-Yv_v

    Float has been delayed due to a longer than expected workover of the partially developed Pina field. Last years equity raising has funded the drilling of 3 wells aimed at rejuvenating production from Pina and giving Petro a better picture of the field ahead of IPO. While the wells have been drilled still paring for production. Once flowing are expected to produce between 1000 to 1500 bpd. Aiming at raising at least $50m.

    Sounds familiar
 
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