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5.26% 3.6¢ melbana energy limited

Ann: Zapato-1ST Drilling Update, page-3

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  1. Jazz9000
    132 Posts.
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    26/09/22
    11:57
    Post #: 63877296
    Melbana Energy Limited (ASX: MAY) (Melbana) is pleased to provide this update on its drilling
    operations in the Block 9 contract area, onshore Cuba.
    The Zapato-1 exploration well continues to drill ahead in hard volcanics, having reached a depth of
    2,642 mMD earlier today.
    The predrill prognosis for the start of the target formation of about 2,650 mMD remains the best
    estimate for when a change in lithology may occur.
    MAY Price at posting: 6.7¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
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