MAY 4.65% 4.1¢ melbana energy limited

Ann: Block 9, Alameda-3 Appraisal Update, page-11

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    Melbana Energy’s Executive Chairman, Andrew Purcell, commented: “The logs we have obtained in the Marti formation show excellent fracturing and the down hole pressure is very high. This is consistent with what we encountered here last time but, so far, we’ve been unable to get clean flow to surface. There may have been a reaction between the different fluid system we are using this time (which has delivered excellent well control) and the reservoir so we’re going to pause this test whilst we study the samples and data we’ve obtained and get on to testing the shallower Alameda formation in the meantime.”
 
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