MAY 1.43% 6.9¢ melbana energy limited

No Smiteoff, read the announcements, they explain it all. We...

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    No Smiteoff, read the announcements, they explain it all.
    We have already drilled thru the N structure and the logging shows some 110m or so of NET pay which is fantastic.
    We're now just starting to drill the lower I sheet structure and already there's strong oil shows, which will be logged once we reach TD.
    Both these structures are primary targets, ok...
    I expect this I sheet to exceed the N structure regarding the net pay length, thats my opinion.
    It all looks fantastic to me, this is going to pay big time in my view, just watch it after they complete tbe short term flow testing which is perhaps 2 to 3 weeks away from starting.
 
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