MAY 10.3% 3.2¢ melbana energy limited

Ann: Block 9 Alameda 3 Appraisal Update (Alameda reservoir), page-59

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  1. 7,902 Posts.
    lightbulb Created with Sketch. 1035
    No.

    "The forward plan is now to suspend the well, after pulling the pressure gauges and DST string,
    gather all available data, and build an optimum remediation plan based upon all new data,
    previous drilling experience, and international and local expert knowledge
    ."

    Put another way - this is going to take more time to resolve.

    Up the stairs, down the elevator shaft. Rinse, repeat. Got time and money - use this opportunity.

    Kit

 
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