why would you expect 3.5mmcft?
if they test it with the water flowing as planned they will get low 2's like they've done in the past, this will not increase until the water abates or a process to eliminate it is successful.
if we block the water, and frac zones 7 and 8 then yes we can look forward to flows 4-5mmcft+ and a share price of 5c plus.
i'd like to know the size of the aquifer, does it exist across the whole field? could it be drained? is it isolated to this area? ie can we drill warro 4,5,6 etc and avoid the water.
Such an annoyance this water, the fraccing has worked fantasticly well, the gas is flowing just being restricted by the water.
- Forums
- ASX - By Stock
- TSV
- expectations
expectations, page-2
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TSV (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SBW
SHEKEL BRAINWEIGH LTD
Dani Nadri, Country Manager Australia
Dani Nadri
Country Manager Australia
SPONSORED BY The Market Online