MAY melbana energy limited

Ann: Block 9 Operations Update, page-90

  1. 252 Posts.
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    66% increase in production rate.
    A Commercial production well.
    An opportunity to test transport logistics and commercial arrangements.
    The development of a proprietary drilling fluid to avoid future formation damage of the delicate geology.
    Possibility for remediation of Alameda 3.
    Civil construction Alameda-2 this month

    A bit there to like. Profit takers will do their thing, but we are now out of explorer hopeful territory.

 
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