MAY 4.35% 2.2¢ melbana energy limited

Ann: Full Year Statutory Accounts, page-123

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    Any future appraisal well should be drilled as a production well also, this will bring forward capital investment in above ground facilities.

    Let's see what the company announces soon in plans, this ties in with any well result at Zapato as a discovery there will change the configuration of any production/development plans. We could see JV resources head to >500mmbo/e and expand the play fairway for the lower sheet.
 
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