MAY 3.23% 3.0¢ melbana energy limited

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

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  1. 1,158 Posts.
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    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


 
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