MAY melbana energy limited

Ann: Block 9, Alameda-3 Appraisal Update, page-324

  1. 1,934 Posts.
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    Here's my take:
    Issue - blocked pipe

    Solution 1 - hopefully this works for us
    Chemistry - various acids, etc - to dissolve the blockage
    But how much does this cost? how quickly can this be effective? what's the likelihood of success?

    Solution 2
    Drill a sidetrack
    Pull back to a point before the blockage - and redrill a new section
    Bigger delay, more expense...

    Solution 3
    Abandon hole and start a new one
    Major setback...

 
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Last
2.1¢
Change
-0.002(8.70%)
Mkt cap ! $70.77M
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2.2¢ 2.3¢ 2.1¢ $99.69K 4.545M

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No. Vol. Price($)
12 4904949 2.1¢
 

Sellers (Offers)

Price($) Vol. No.
2.2¢ 391546 1
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