MAY 8.33% 2.2¢ melbana energy limited

Hi Alexei, This may be a possibility but my conclusion is that...

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    Hi Alexei,
    This may be a possibility but my conclusion is that as per the recent announcement they encountered a lithology change and called the bottom of the N structure. I interpret that as the drill bit is sitting in the seal formation as prognosed for the Alameda 1 target. As far the well design and partners allowing the drill to go deeper I hope that is a sign of confidence that any encountered hyrocarbons may extend deeper than originally thought.
    Appreciate your thoughtful post.
    Good luck to us all!
 
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