MAY 4.35% 2.2¢ melbana energy limited

Block 9 $13.5 Billion for 20 years, page-156

  1. 7,201 Posts.
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    I suspect subsequent wells / activity to be at the 30 - 70 ratio.. This first well, though more than justified, has been expensive for sonangol at 85pc....i also suspect flow testing will be 30/70 .....as it's on success basis... Which I'll take over 0pc for failure .

    Not advice, happy to be corrected as ever.
    Cheers tc
 
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