MAY 2.17% 2.3¢ melbana energy limited

The Beehive-1 exploration will is expected to commence drilling...

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    The Beehive-1 exploration will is expected to commence drilling in late Q1 (March)/early Q2 (April) 2023. However, due to the uncertainty of MODU availability, drilling will commence anytime in 2023. Among the 2 Jack-up rigs being considered are Noble Tom Prosser and the Valaris Rig 107. EOG is targeting the Sunbird (primary) and Tanmurra (secondary) formations. At the completion of drilling, the well will be P&A. A minimum 10,000psi BOP will be used. The well evaluation includes LWD, mud-logging, electric line logging (including VSP) and a potential well test. Drilling is expected to take from 55 - 90 days.

    https://hotcopper.com.au/data/attachments/4445/4445235-7cd2cd4ae69055a099686a42116485a0.jpg
    https://hotcopper.com.au/data/attachments/4445/4445237-9ca3ba10825662583a2982e3b263dd69.jpg

    EP source

    https://docs.nopsema.gov.au/A842612
 
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