MAY 4.35% 2.2¢ melbana energy limited

Ann: Update on Appraisal Well Drilling Program Timetable, page-360

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    Should start drilling next month or the month after, assuming no more delays. A2 will drill through the shallow amistad formation, flow tested, and put on production, while simulatenously drill A3 and appraise, flow test, and produce from the deeper formations.

    Should be a fun ride once drilling commences.
 
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