MAY 3.33% 3.1¢ melbana energy limited

That's because Nothing confirmed except the 118mmbo upper...

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    That's because Nothing confirmed except the 118mmbo upper sheet resource size which also hasn't been flow tested god knows why probably to do with not wanting to perforate the casing at the highest point rather than lowest but I'm no drilling boffin so will defer to the more experienced petroleum heads.

    Also not to hold up rig any longer, there's a delay in the extended production testing to bring in the supplies for it I assume because no one would order them until they 100% needed them your looking at tanks, valves, pipes, gauges etc no one has mentioned the need for a rig for extended testing if there is anything needed it'd possibly just be a jack up / workover rig to perforate the casing.

    Anyway we can't be far from getting to that point.

    Something else no one has really mentioned the specialist crew, gear etcetera is expensive you don't do it until the second well is almost done because then can jump from one to the next if successful wells giving economies of scale not mobilising gear and labour.
 
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