TSV 0.00% 0.8¢ transerv energy limited

what happened...., page-3

  1. 637 Posts.
    I think you'll find that the plan was originally delayed by 6 months waiting for the rig to be available.
    It was very hard to start without it.

    The rest of the timeframe was quite obviously based on W3 being a 100% success which would have allowed the ball to keep rolling.

    With the drilling targeting the natural structures that promoted water flow rather than gas flow, all options for W3 and W4 are now being considered.

    So the plan was a best case, if you read up on tight gas in America you'll see that every field has its own unique set of methods to make it commercial.

    IMHO Warro will be unlocked and it will have been worth the wait, i've sure the operators are taking all advice before drilling W4.
    Lets not forget that EGO in Gingin currently have the rig over their well and may not be finished with it yet.
    hence the late Q1 early Q2 drill for W4 I believe?
 
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