Melbana Energy Limited has initiated flow testing at the Alameda reservoir’s 3272-3450mMD interval to assess oil quality and flow rates, with results aimed at enhancing the understanding of the site’s geological formations. This five-day testing phase follows recent assessments of the adjacent Marti reservoir and is crucial for optimizing oil extraction strategies. Updates on the progress and findings from this crucial phase of appraisal will be communicated in due course.
Petra Analyst still has a 20c target
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