MAY 3.92% 5.3¢ melbana energy limited

Initial logging results from 24 Feb 2022 were as...

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    Initial logging results from 24 Feb 2022 were as follows:

    Highlights
    - Approximately 100 mMD (88 mTVD)1 of net hydrocarbon pay in aggregate interpreted
    on logs across a gross reservoir interval of approximately 560 mMD (495 mTVD) in the
    N Structure
    - Logging shows extensive natural fracturing, an important production characteristic for
    a limestone reservoir of this type and one that could lead to an upgrade of the net pay
    estimate as the characteristics of the reservoir become better understood
    - High down hole pressures encountered lend confidence to reservoir being adequately
    charged to support unassisted oil recovery
 
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