MAY 10.3% 3.2¢ melbana energy limited

Ann: Total depth reached at Zapato-1ST, page-124

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  1. 7,984 Posts.
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    I think the existing rig is fine, it’s just postponed because TD is reached per JV and 85/15 is done.
    Both parties want $ from A1 urgently. Hence the ‘congratulations team’ - this long drawn out exploration campaign now done! and now we can get busy cranking out some fiddy dollar bills for feral54.

    After Christmas when we come back to Z1 costs will be 70/30

    A1 is hopefully retrofitted and put on production just in time for Xmas.

    then Z1 in Q1 2023
 
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