MAY 28.1% 2.3¢ melbana energy limited

Ann: Drilling of Zapato-1 exploration well commenced, page-29

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    Zapato-1 is estimated to take about 55 days to reach its target depth, targeting a single formation near the shallower Motembo oil field (which has historically produced a high-quality light oil).
    However, there is a slight chance they may find oil higher up in the well like they did with Alameda-1 but it is not expected.
 
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