MAY 9.09% 2.4¢ melbana energy limited

You truly are a contrarian for the sake of being a...

  1. 646 Posts.
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    You truly are a contrarian for the sake of being a contrarian.

    Last update they clearly stated risk reward they closing A1, moving into production on A2-1b.

    Theyve talked about whikst possibly playing with A1-1b that they will hold off production in case of field issues with pressures.

    They're simply saying that for A3, undertaking risk mitigation again by not producing whilst drilling.

    Theyve also talked about moving to producing with allow them to further test pressures and other characteristics as it isn't just a flow test but reality over a longer period of time. Which they can use the data for other fields and future wells in their upcoming field expansion. This time they will be able to get the pressure readings that last time they didn't get.. Not everything runs perfect like it should in your head.
    Please dont make up things for sake of it.
    Last edited by articulix: 04/10/23
 
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