MAY 0.00% 2.6¢ melbana energy limited

Ann: Drilling ahead at Alameda-1, page-27

  1. 7,154 Posts.
    lightbulb Created with Sketch. 846
    Yes they're foregoing the upper sheet plays for now, to reach the primary targets, ...the new upper sheet... Appraisal well...
    Will target those.

    Also the Dec 10 Ann did say they expected to restart drilling late last week, and that didn't change, so feel the bashing management took was not totally deserved, there is obviously some bad feeling.
    Slow n steady gets my vote, otherwise all that has gone before will be for nought.
    Thanks for your input gents .
    I assume the 10k psibop is stacked on the shelf to be used if needed?
    Cheers tc
 
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