MAY 3.57% 2.9¢ melbana energy limited

Ann: Full Year Statutory Accounts, page-122

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  1. 7,976 Posts.
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    The testing at A1 should be much less that $13m ($43) so say ($8M).

    Then they may have plans for a alameda test in A1, and a dedicated Marti well ($25M) to hit its peak relief (500m shallower) and a dedicated amistad well ($10M) targeting all three units. Total $43M

    All could be done off existing A-1 pad perhaps? Seems a reasonable timeline until we get another rig on shore for stage 2 in 23-24?
    Last edited by justinmetals: 12/09/22
 
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