MAY 9.52% 2.3¢ melbana energy limited

Ann: Preparations underway for start of Zapato-1 exploration well, page-100

  1. 221 Posts.
    lightbulb Created with Sketch. 177
    Hi Afawcett
    I'm not trying to be difficult or a smart arse, it's just i read the following paragraph from todays announcement as meaning the information required for "updated prospective resource at Alemada and Marti and tell holders of the API of the oil recovered. With the net/gross and pressure" were not successfully obtained.

    "The Alameda-1 well was safely contained once attempts to conduct early and short
    tests of the deeper oil intervals encountered could not be done effectively using the
    current well design and condition".

    Where all of these tests conducted earlier to enable reporting in the near future.
    or
    Does the report mean we don't yet have this data.

    Happy for others to weigh in on this as i feel it's a really important point which relates to near term release of data.
  2. 1,180 Posts.
    lightbulb Created with Sketch. 80
    why not just do the lot with a re designed well?
    saves double handling and the last thing they're thinking of is stopping investors jumping at shadows
 
watchlist Created with Sketch. Add MAY (ASX) to my watchlist
(20min delay)
Last
2.3¢
Change
0.002(9.52%)
Mkt cap ! $77.51M
Open High Low Value Volume
2.2¢ 2.3¢ 2.2¢ $83.23K 3.644M

Buyers (Bids)

No. Vol. Price($)
5 310691 2.2¢
 

Sellers (Offers)

Price($) Vol. No.
2.4¢ 3542587 7
View Market Depth
Last trade - 16.10pm 16/08/2024 (20 minute delay) ?
MAY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.