TSV
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0.00% 0.8¢ transerv energy limited

Ann: Testing Operations Continue at Warro-5 and 6, page-12

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  1. Dazt49
    4,735 Posts.
    lightbulb Created with Sketch. 9
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    16/02/16
    15:52
    Post #: 17033456
    Not quite sure what table is relevant but it seems gas is around $4/GigaJoule
    http://www.aemo.com.au/Gas
    1.3mmcf/d converts to 1370.96 GJ
    (See pic.)
    So that gives income of $5,480.84/day...$20mill/year for one well.??
    2 well $40mill.
    Not as bad as I thought, but they will need a few more wells imo
    (Someone check my figures please)

    convert.JPG
    TSV Price at posting: 3.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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