MAY 45.9% 3.3¢ melbana energy limited

Ann: Full Year Statutory Accounts, page-3

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    For the current sub-period of Block 9, the remaining committed activity is the drilling of one well, 15% of the cost ofwhich is to be met by Melbana. It is expected that the current drilling of the Zapato-1 exploration well should satisfythis commitment. Additional amounts have been allowed for Melbana’s share of appraisal of the oil encountered todate and post well studies and planning which together are estimated to total US$13.0 million to the end of nextfiscal year. These are budgeted amounts and not commitments
 
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