The testing is very early days.
The resources statement was based on 4 mmcf.
Warro 6 is 1.3 mmcf and rising with fluid. The fluid may be stimulation fluid or water. Time will tell.
The warro 6 well test was less than half of the formation. The resources statement was based on a well covering the entire formation.
Need to wait to long term testing to see if the rate of gas continues to rise or whether there is an influx of water.
Next week we will get initial results of warro 5 and a further update on warro 6.
TSV Price at posting:
3.9¢ Sentiment: Hold Disclosure: Held