MAY 5.56% 3.8¢ melbana energy limited

Ann: Preparations underway for start of Zapato-1 exploration well, page-148

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  1. 2,164 Posts.
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    Thanks Andrew,

    Good post, yes the next well for appraisal will be all those things vertical, stronger casing, bigger rig etcetera.

    The reading of the announcement though does lead to thinking they have proven what they needed with the short term flow tests being moveable oil in all 3 zones.

    The question is can an extended production test be done safely once they've gone away and thought about it. You don't sit over a drill hole with a rig costing $100k's a day whilst you debate these things you move it onto zapato while you go back to the drawing board.

    Will be good to hear next steps from the MD.
 
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