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3.33% 3.1¢ melbana energy limited

Ann: Zapato-1 Drilling Update, page-184

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  1. justinmetals
    7,973 Posts.
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    05/07/22
    19:39
    Post #: 62386741
    Imagine producing from Zapato by mid September with the first upper sheet hole back at A1 being half drilled with a 6mth road map to expand field development across amistad. I can imagine 3 deviated 1000m wells off A1 pad by Christmas producing big oil by and Zapato too. Probably TO offers stacking up on the table and an sp around a buck is more than possible. Just dreaming…. for now. Without Zapato success we might have to settle for 50c
    Last edited by justinmetals: 05/07/22
    MAY Price at posting: 12.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 39  Upvote
    lightbulb Created with Sketch.  Great analysis
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