MAY 6.90% 3.1¢ melbana energy limited

Ann: Block 9 Alameda 3 Appraisal Update (Alameda reservoir), page-942

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  1. 4,926 Posts.
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    It's at the moment too vague about where exactly the next rig is coming from (as we know Sherritts is off drilling gas wells now) and where funding is coming from (if a farm in is really on the cards then due diligence usually takes a fair whilst and not just a few weeks) or they raise which is the quicker solution.

    So I really don't' see anything happening until early next year.
 
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