MAY
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3.23% 3.0¢ melbana energy limited

Ann: Forward work program for Block 9 drilling program, page-32

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  1. Feral54
    3,626 Posts.
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    16/02/22
    10:43
    Post #: 59603702
    The statement that the rig has been set up to drill below TD, should the partners agree to do so, is no flippant 1 liner IMO. Is it logical to assume that when they find HC’s in the structure that they will continue to drill until no further evidence is seen. I would think that would be the case or are they thinking there could be a 4th structure at depth.
    MAY Price at posting: 7.2¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 13  Upvote
    lightbulb Created with Sketch.  Great analysis
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