Ann: Further Increase in Debt Facility, page-14

Yes, I'm of the same opinion. I'd be very surprised if the 4.5 figure reflects reality due to the scale/metering issue. I think that's why we haven't seen much recent commentary and I don't expect any production updates until that is resolved. I just hope that any mismatch between production and measured figures is reconciled downstream and appropriate remuneration received by MEL. Interesting if scale is the issue with metering as that implies that the scale could be affecting the well perforations...apply a regular treatment there and the decline profile might look rosier. I'm the end this is why you drill these wells before full field development. Keen to see lessons applied to O3. Will be interesting to see what the recent additional debt is used for too. Too optimistic to be thinking of oil drilling?