MAY 3.08% 6.7¢ melbana energy limited

Ann: Block 9 - Maiden Contingent Resources, page-222

  1. 368 Posts.
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    I don't disagree that the geology is tough and that anytime you are working with highish pressures there needs to be an element of caution.
    All I'm saying is they would have had a fair idea about that after A1 so why not put a realistic P50, P90 should really never be exceeded.

    I do tend to think that they have slowed awaiting the 3 phase separator, but really shouldn't need it until they want to flow test.

    Anyway, not much we can do but wait.

    Have a good easter and let's hope April or May or even June we start to see a bit of SP appreciation.
 
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