MEL metgasco ltd
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Ann: VEN: Correction release - operations update, page-9

  1. OldGeo
    1,809 Posts.
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    29/12/19
    14:02
    Post #: 42154462
    On Vali,
    My prediction is that MEL and VEN will report gas shows and gas pay through both the secondary and primary objectives based on the nearby encouragement if gas charged sands in Kinta-1 and gas to surface but at rates too small to measure in Strathmount-1. MEL's SP should really move if we get commercial flow rates in the 2+ mmscf/d range if there is sufficient encouragement to test the well.

    Kind regards OldGeo
    MEL Price at posting: 4.4¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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