MAY 6.06% 3.1¢ melbana energy limited

Ann: Alameda-1 Drilling Update, page-90

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  1. 3,626 Posts.
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    I am not impressed, it means they can’t control the well, can’t sidetrack it and can now only flow test the Alameda. A new well will have to be drilled, at not unsubstantial cost at this depth and pressure.
    Marti is now confined to the bottom draw. I hope a resource estimate can still be derived from the data acquired to assist the SP.
 
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