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EXPLORATION

Melbana misses Tikorangi 

Share price tumbles after limestone reservoir missing 

Helen Clark
Pukatea-1 well fails to intersect Tikorangi Limestone reservoi

Pukatea-1 well fails to intersect Tikorangi Limestone reservoi

Despite encouraging if intermittent hydrocarbon  shows between 2520m-2680m the limestone was not intersected, though Melbana says that a similar interval is present in several of the offsetting wells to...

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