MAY 5.56% 3.8¢ melbana energy limited

As they hadn't planned on drilling a second well I'd suggest...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 3,142 Posts.
    lightbulb Created with Sketch. 1041
    As they hadn't planned on drilling a second well I'd suggest that they also hadn't constructed a drilling pad, so if we include a few weeks for that to happen, a week to move/set up and procurement of drilling equipment I'd suggest the time now will be a week or two to drill
    Speculation yes but that's how I'd logically think it would unfold
    Back to my book
 
watchlist Created with Sketch. Add MAY (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.