MAY 0.00% 2.3¢ melbana energy limited

Ann: Operations Update - Block 9, page-27

  1. 32 Posts.
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    As an amateur with no oil and gas expertise, the most interesting information was about the wireline logs from the deep section in Alameda 3 and the progress towards flow tests in that zone and Marti. Porosity was said to be good. I guess the word "encouraging" about preliminary analysis of the loggng results was as far as they could go in a non-price sensitive announcement. It was also interesting that they were going to evaluate which of the deep sections was the most prospective candidate for early production.

    If this ANN isn't positive, I'd like to see a non-price sensitive one that was better.
 
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