TSV 0.00% 0.8¢ transerv energy limited

timeline & review

  1. 637 Posts.
    I thought i would recap some timelines for myself and here is what was stated in the Nov 09 summary.
    Obviously, like with Warro 3, this can change but it shows we are getting close to activity at the Warro 3 / 4 site again and a review / recap is worthwhile.

    http://www.asx.com.au/asxpdf/20091123/pdf/31m7gzv8g4nh3w.pdf

    1) 3D seiemic permitting nearly complete, survery planned for Q1 2010.

    2) Warro 4 drilled post 3D seismic to avoid fractures, minimise water flow.

    3) TSV is free carried for Warro 4.

    4) Warro 4 in Q2 2010.

    5) Warro 3 confirm,s clean pipeline quality gas requiring minimal treatment.

    6) US tight gas experts engaged to minimise impact of water in Warro 4.

    Schlumberger Independant review:
    7) Predicts modern fraccing techniques will succeed in comercial flow, would have been developed yeras agi if in the US.

    8) Warro 3 confirmed commercial flow rates of 5 - 7 mmcfpd for 7 hours from only 4 zones.



 
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