MAY 4.65% 4.1¢ melbana energy limited

The resistivity log is not showing an obvious oil water contact...

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    The resistivity log is not showing an obvious oil water contact (OWC) at the bottom of Marti 5. There is mention of an OWC from the drilling but the well logs don't appear to correlate this. This is positive sign as if this is the case and the OWC is lower and could add to overall volumes. The lower the water is the more "potential" oil!!
 
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