MAY
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7.69% 3.6¢ melbana energy limited

Ann: Block 9 - Early Production and Spud of Alameda-3, page-64

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  1. articulix
    646 Posts.
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    20/09/23
    12:08
    Post #: 69934169
    My exact thoughts.
    Once I got into detail..

    I saw based on risk they didn't decide to test A1. Plug and abandoned. That's what they've been doing.

    They then productionised A2 as they said they would once A1 finished either way.

    Downtime for rig and then A3 in 6-8 weeks not silly.
    MAY Price at posting: 7.4¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 13  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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