MAY 45.9% 3.3¢ melbana energy limited

Also I think everyone forgets there are three types of wells.1....

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    Also I think everyone forgets there are three types of wells.
    1. Exploration Well
    2. Appraisal Well
    3. Production / Development Wells

    All the wells during this schedule have been category 1.

    It would've been nice if the well did produce, but due to higher pressures, even when filled and side tracked the well was deemed to high of risk of possible damage to the integrity of the well structure and oil plays that it was abandoned. The well did exactly what it was supposed to do, explore and find oil. Why people keep forgetting that anything more than this is cream on top not mismanagement by the team if it didn't.

    This well is also exploration. With that said, they've been very careful, taking past learnings, from sidetracking due to stuck bit early on, to the cement casing of 1000m and better pressure management, one could hope if dinojuice is found then it shall produce. But if it doesn't relax.
 
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