MAY
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3.13% 3.3¢ melbana energy limited

News Alert, page-173

  1. afawcett
    3,626 Posts.
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    13/05/24
    09:29
    Post #: 73790700
    kit67,

    Seems that things are just going slow at the rig, no news isn't bad news unless the company is breaching its obligations on continuous disclosure. I doubt that is happening so it's probably a combination of pressure, fractures and influx. Unfortunately it's slow going but that's the nature of deep reservoirs in the GOM that are overpressured.
    Last edited by afawcett: 13/05/24
    MAY Price at posting: 5.3¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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