MAY 4.35% 2.4¢ melbana energy limited

Ann: Alameda-3 Drilling Update, page-203

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    And AP, now that you’ve done with appraising with A2 & A3 should you go back finish what you started at Zapato?

    Melbana Energy's Executive Chairman, Andrew Purcell, commented: 'Congratulations to our drilling team for reaching our target total depth in challenging drilling conditions. The thickness of the ophiolite sequence was a major risk for this well and we've certainly encountered our share of it. Although it is tempting to keep going given the signs that we may be nearing the end of the ophiolites, we also are keen to get started on appraising the oil reservoirs encountered whilst drilling Alameda-1. The Zapato play type remains extremely significant but for now it's time to stop exploring and start appraising.'
    Last edited by justinmetals: 22/04/24
 
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