TSV 0.00% 0.8¢ transerv energy limited

Ann: Testing Operations Continue at Warro-5 and 6, page-13

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  1. 8,769 Posts.
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    Your figures come to $2 million a year. Really need to be getting in 4-5 mmcfd/d territory and have the wells flow for 2-3 years to be profitable. Pretty much what the research report (available on TSV website) I posted previous said.
    Given we are testing only a small percentage of a very large gas interval, this is very doable...but nothing certain in the exploration game.
 
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