MAY 3.13% 3.3¢ melbana energy limited

Ann: Alameda-1 Drilling Update, page-20

  1. 3,141 Posts.
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    This is excellent news and pretty much confirms we have an "early" discovery.
    No doubt we will be designing a new well to test these resivours utilising the existing pad.
    This will be at a much later date due to getting approvals, designing, materials and rig availability
    Problems while drilling happen, it's a tuff game, if you don't like the risk reward you need to invest in the Solar industry
 
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