MAY 3.23% 3.0¢ melbana energy limited

Ann: Webinar for Block 9 Update, page-241

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  1. 351 Posts.
    lightbulb Created with Sketch. 181

    Yeah 300 from a blocked appraisal well you are right. And they also messed up the next well also which was far more important. Also they have no guarantee they can improve flow rates. You seem to speak in certainties? Just like everyone did with A3 before it spectacularly failed. Dont shoot the messenger but look towards the crap management that pay themselves hundreds of thousands a year and probably cut costs with the drilling team.

    I dont claim to be an expert i just look at past performance and facts and think wow what a mess. The facts are they have screwed up every well and have no definite fix (regardless of what you think these are the facts)
 
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