Will be interesting to see how the market reacts to this given...
Untested Gas Production Potential - Zone 7 Independent analysis of the production logging test evaluated fracture stimulation zone 6 as contributing approximately 65% of total gas flow and 75% of gas flow above zone 2. Zone 6 was assessed as having higher permeability than the other frac zones with about 20m of net pay. A water free gas flow rate of 5.6 mmcfpd has now been achieved (albeit temporarily), with zone 6 the likely contributor of 65% to 75% of this flow. The unfracced gas sand zone 7, which sits just above zone 6, contains about 55m of net pay and appears from the log analysis to have similar characteristics to zone 6. This additional unfracced zone provides substantial potential production upside for Warro 3
TSV Price at posting:
3.2¢ Sentiment: None Disclosure: Held
