Obligation to shareholders??
I posted this in the "tight ship" thread.
The only ann that mentioned gas on W3 was on 11 March 2009.
"WARRO #3 ENCOUNTERS STRONG GAS SHOWS
Transerv confirms that Warro #3 appraisal well entered the main reservoir section at approximately 3740mRT and is currently drilling ahead at 4257mRT in an 8 ? inch hole. Strong gas shows have been recorded in the sands throughout the section from 3740mRT to the well?s present depth. MWD data suggest the Warro #3 reservoir section is very similar and correlative to the sections encountered in Warro 1 and 2 and a reservoir net to gross ratio of up to 75% is indicated. The Warro 1 and 2 wells intersected gas columns of 300?]400m, with net pay zones of over 200m."
Have a look at todays ann.....nothing!!
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