MAY 9.52% 2.3¢ melbana energy limited

Ann: Forward work program for Block 9 drilling program, page-44

  1. 1,084 Posts.
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    Interesting. Starting to look like they are going to drill deeper than initially suggested. Sounds bullish to me.
    Don't get me wrong. I am the greediest bastard in town but I would still be happy to walk away with 30% of the original 141MBO best case objective for this well.
    I might add 42 MBO is worth a lot more today than it was when they commenced drilling over 5 months ago.
 
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