MAY 3.13% 3.3¢ melbana energy limited

Ann: Zapato-1 Drilling Update, page-379

  1. 2,286 Posts.
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    I agree if Zapato plays out as it should, being a massive oil discovery and we get a pathway to production proposing multiple production wells,
    then we get good flow rates from Amistad and Zapato (if oil is discovered) the SP will skyrocket to over 50c and on its way to $1.
    I'm confident that Amistad will have good oil flows as AP said there was good pressure in the Amistad oil zone and the oil was coming to the surface.
 
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