The inability of the well to flow did not fit with previous observations and expectations, given wireline and FMI over both intervals indicated substantial fracturing in the Marti reservoir interval and good quality conventional (i.e. not fracture dependent) pay in the Alameda reservoir interval. The well is currently suspended, test string removed, and pressure gauges extracted, and the rig has been demobilised from site to reduce costs. The Company continues to study the results of all available data and analogous wells. If these studies suggest that the lack of flow was likely due to reservoir formation damage, the Company intends to design and execute a potential future workover plan. Moving forward, we are drawing on our network of international and local expert knowledge to ensure critical lessons learned are captured for incorporation into future activities. 09 Melbana Energy Limited Annual Report 2024
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