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6.25% 3.0¢ melbana energy limited

Ann: Zapato-1 Drilling Update, page-33

  1. RetroGirl
    23 Posts.
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    16/06/22
    16:29
    Post #: 62039959
    No, we latched on the very strong pressure oil in Block 9!
    Thats irrefutable and is derisked. Just a matter of getting that pesky certification once Zapato is done and the well rig is specially rigged to handle that extra oil pressure.
    It'll take time to work out and get or create a rig to handle Block 9.
    And we never said $1. we said 30-50c but I'm happy with 20c within next month or so when Zapato is done and certification is done.
    MAY Price at posting: 7.6¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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