MAY 10.3% 3.2¢ melbana energy limited

Ann: Drilling update at Alameda-1, page-86

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  1. 1,826 Posts.
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    What queried me the most was the high pressure zone encountered from 1885 - 1892 meters below the serpentinite layer (potentially acting as a seal) after they recommenced drilling from the upper thrust sheet logging, and right before when the well was shut in for a few weeks due to heavy mineral shortage (and logs were run on this section btw)(see release 9 nov), but no song or dance made on it afterwards. Was this the U1 section itself, sitting below the bonus upper thrust sheet zones? Given relative stability down to 2500 metres, not sure if there's much to log at this stage (in terms of oil/gas shows) or on the other hand they're expecting high pressure oil/gas zones going further down based on what they're currently drilling
 
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