MAY melbana energy limited

Ann: Block 9 Operations Update, page-79

  1. 8,380 Posts.
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    Yes mate but as I discussed with Chris if A2 and A3 are flops we we’ll be tracking sideways for 18 months while fishing for nothing more than dilutionary funds, and well design planning and painstaking trial drilling.

    Chris mentioned he will be happy with anything around 1000bpd and for anything around 3000 bpd the champagne will be popping.

    further to A3 CT mentioned the rig may go elsewhere and therefore if the next two are successful then perhaps another one well may be possible in 25

    We wait but chance of success is surely 50%+ ?

    I posted this after discussing with CT
    https://hotcopper.com.au/posts/79074873/single
    Last edited by justinmetals: 24/05/25
 
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