MAY 4.76% 2.2¢ melbana energy limited

Ann: Forward work program for Block 9 drilling program, page-28

  1. 3,602 Posts.
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    It does seem like an announcement to calm some nerves from yesterday, they have made comments in it to expect results sometime after tomorrow.

    No extra detail on net/gross only that testing is expected so I suspect the delay is due to complexities. We could have a situation where there might be 10% good quality and 20-50% variable close to 8-10.% porosity. Hence why flow test and pressure data are awaited. Pressure date is what is emphasised we are waiting on.

    best of luck holders
 
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