MAY
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10.3% 3.2¢ melbana energy limited

Ann: Block 9 Commencement of Alameda-3 drilling, page-325

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  1. mwatts
    3,465 Posts.
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    03/01/24
    11:29
    Post #: 71706363
    Hi Awfawcett - regarding U3 if you can give me your opinion on the following that would be highly appreciated.

    * Assuming this is the same unit that was tested in the last well, with an estimated 750bpd with low API, is this new flow test required to bring samples / cores to surface which in turn allows McDaniels to increase the amount / grade of our resource?

    or

    * Do you think the company is expecting a different result when they go through U3 in this instance (either by improved flow rate or API) and this is the primary reason that this zone is being tested again

    Thanks
    MAY Price at posting: 7.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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