MAY 0.00% 2.3¢ melbana energy limited

Ann: Zapato-1ST Drilling Update, page-244

  1. 1,150 Posts.
    lightbulb Created with Sketch. 129
    Hi 8tey -

    Whoever penned this short report in the Oil and Gas Journal ;-

    https://www.ogj.com/exploration-development/discoveries/article/14279851/melbana-energy-shows-oil-onshore-cuba

    - wasn't too shy to use the words " indicating an oil discovery........." - exact sentence being -

    " While attempting to retrieve the drill string, free oil was observed on the shakers at surface, indicating an oil discovery. "

    I believe we shall find out in the next week or so what they are encountering at the end of the drill bit and as other posters have suggested I think it's high time Errol and the geo team put together a presentation for the company highlighting the outstanding results to date. Naturally it's possible that they're biding their time to wait for the grand finale -

    Intriguing days ahead

    Cheers Ort


 
watchlist Created with Sketch. Add MAY (ASX) to my watchlist
(20min delay)
Last
2.3¢
Change
0.000(0.00%)
Mkt cap ! $77.51M
Open High Low Value Volume
2.3¢ 2.5¢ 2.3¢ $118.8K 5.108M

Buyers (Bids)

No. Vol. Price($)
5 377542 2.3¢
 

Sellers (Offers)

Price($) Vol. No.
2.4¢ 149222 1
View Market Depth
Last trade - 16.10pm 22/07/2024 (20 minute delay) ?
MAY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.