MAY 0.00% 3.1¢ melbana energy limited

Ann: Block 9, Alameda-3 Appraisal Update, page-412

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  1. 103 Posts.
    lightbulb Created with Sketch. 10
    A lot of pants pissing yesterday and some expecting the CEO to give a shit about short term punters having a tattslotto moment.
    Theres oil down there in what we believe is a highly pressured fractured reservoir.
    Key questions should be why we we used a slotted liner
    what is the quality of oil recovered and pressure readings in Marti.
    If that’s all bad then piss your pants and while we wait we move to test arguably a much larger prospect and failing that we crank up production with what we have.
 
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