TSV 0.00% 0.8¢ transerv energy limited

a lot of upside to look forward to

  1. 1,712 Posts.
    Ok,
    With the water plugged it flows consistent at 5.6mmcfpd
    75% of this from zone 6 so thats 4.2mmcfpd from zone 6 alone.
    They can equal this from zone 7 with greater net pay.
    Thats looking at figures around 7 to 8 mmcfpd once zones below 6 are plugged.
    It might not be a resolved issue but geez, it looks like it could be huge.
    When they drill subsequent holes and avoid this issue they won't nearly need as many wells as first thought.
    I hope the market can read this announcement correctly.
    Its a great result. Just a little more engineering stuff to deal with.
 
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