MAE marion energy limited

Dec 1st ...D Day, page-8

  1. 2,935 Posts.
    lightbulb Created with Sketch. 128
    The loan amount wasn't huge. The idea is to pump water, hopefully production happens and sell it...
    but winter is nearly here... And they have said that ASD 3-16 their water disposal well is pressuring up... So may not cope with large flows of water any more... It's one last crack at pumping water to create production... But quite frankly I really don't think it will help, because massive amounts of water have been pumped for months in a row in the past and good production never happened.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.