Zapato-1ST Drilling Update
Highlights
- Side-track well successfully initiated
- Drilling operations proceeding well
- Currently at a depth of about 1,622 metres measured depth
SYDNEY, AUSTRALIA (27 JULY 2022)Melbana Energy Limited (ASX: MAY) (Melbana) is pleased to provide this update on its drilling
operations in the Block 9 contract area, onshore Cuba.
Following a successful commencement of a side-track from the existing drilled hole, drilling performance has been pleasing and site operations are proceeding according to expectations. The side-track hole is currently at 1,622 metres MD and still in hard volcanics, as prognosed. Based on current drilling rates it is hoped that the side-track will reach or exceed the previous depth achieved of circa 1,700 metres MD before the end of the week.
For and on Behalf of the Board of Directors:
Mr Andrew Purcell Executive Chairman
Ends -
For further information please contact
Mr Theo Renard Company Secretary +61 2 83 23 66 00
Melbana Energy Limited
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