MAY 4.35% 2.2¢ melbana energy limited

Ann: Block 9 Operations Update, page-17

  1. 7,883 Posts.
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    Great announcement.

    Zapato progressing nicely

    Resource update for A & M on track for end June

    By mid August the highly energised upper sheet appraisal well should be producing oil and making some serious money - probably $2M/month net to MAY (30% of 3000bopd @ $75/bbl)

    options currently a bargain
 
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