MAY 18.2% 3.9¢ melbana energy limited

Ann: Zapato-1ST Drilling Update, page-236

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  1. 2,652 Posts.
    lightbulb Created with Sketch. 4725
    Good Sir, I take it you jest with your comment of sabotage?

    The plan has always been to drill two wells, 1 Alameda & 2 Zapato.. These things once committed to (Farm In Partner & Government being material parties to any decision) aren't easily tossed aside. Surely that much is obvious.. ?

    https://hotcopper.com.au/data/attachments/4740/4740262-2b4c2b0dbfaf6c9102668ef7498d7e52.jpg


    https://hotcopper.com.au/data/attachments/4740/4740253-99c9a1f3f7d4fe5ebf55637adfce2653.jpg

    https://hotcopper.com.au/data/attachments/4740/4740257-90341380b3ca0ad6b5790574833b21c2.jpg

    The Alameda target was identified as the primary not completely on COS merit, but also on the the fact it was a triple stacked play. Ergo there were 3 chances to peg a reservoir from surface to TD... In fact as we know they hit oil in the first 454m. For which I would assume all the oppie holders (of which you were one of the most vocal) should give thanks because how do you feel you would have fared had they started with Zapato?

    https://hotcopper.com.au/data/attachments/4740/4740259-007e703e724c48861f8caebf51e0ae83.jpg


    https://hotcopper.com.au/data/attachments/4740/4740243-e3c34702ad966462ecd42e7aa0d03d9c.jpg

    No it hasn't exactly played out according to the fairytale.. Projects rarely do, but to state they (being management I presume) have sabotaged the financial well being of the company (without even offering it up as an opinion) is borderline slander Sir & I for one would ask that you please request to have it moderated.

    https://hotcopper.com.au/data/attachments/4740/4740292-cc243dd9542397c8ffa7f4e216f25fbc.jpg

    Make no mistake, if Zapato hits the financial security of a jnr explorer will no longer be in doubt.. It is a company maker for any and all who choose to see the why..

    So GLTAH 8tey
 
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