MAY 0.00% 3.2¢ melbana energy limited

Ann: Zapato-1ST Drilling Update, page-179

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  1. 4,694 Posts.
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    @The Mechanicflow rates are established and multiple production wells are drilled it will confirm that the estimates are very conservative. With the high pressures encountered, I have no doubt flow rates will be high and so recovery rates will exceed what has been allowed for in the calculations of the Prospective Resource."

    ... ok so you know what's going on ... so what were the High Pressures seen ?... this maybe extremely important imo ...

    ... what was the kick ? ... you should know this ... serious questions ...

    ... post-up a reported shut-in pressure on the last well ?... haven't seen one yet ... may go along way for hole evaluation. Don't reply with 'oh a 10K BOP', that means FA except a 5K was replaced, maybe due to pressure, but for example are we talking 2000 psi or 5000 psi or whatever shut-in ... the difference is vast ... do you even understand the question ? ... no one could answer this question some months back ... amazing.

    ... look ... try understanding that maybe nothing is confirmed until a Well Test ... there isn't even a BHS ... while am in no way posting that the other well is a duster or uneconomic ... but imo there maybe a host of questions outstanding on that hole, see my earlier MAY posts with questions on that hole, including shut-in pressures. The clean-up flow [neg. skinF?] and test flows maybe interesting [GOR], water-cut [bottom zone isolated?], draw-down, well deliverability etc, but posting like the completion is a done deal and looking ahead to future wells is incredible [naive?] imo ...

    As I asked before do you know of a better story on the ASX, is it WWI or CHK, seriously, LMAO?".

    ... stalking ? ... ok ... well you keep asking, so imo CHK 100% any day of the year vs maybe this one ... CHK Directors buying [not selling], IOCG drilling adjacent the giant BHP Oak Dam hits and drilling out a newly CHK discovered Fault just 7km west of the BHP Oak Dam West finds ...

    ... if you knew the huge variables [delays/costs etc?] maybe involved in what MAY has to achieve for a successful hole up-coming, you may not be so smug ... MAY imo have been performing extremely well on x2 holes ...

    ... am not posting that anything is good or bad ... just general field comments from an interested observer ...

    ... I'll standby on your reply with the data on the High Pressures seen in the last MAY well ...
    Last edited by Linebacker11: 27/09/22
 
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