Good presentation that again clearly outlines the potential of the Warro Gas field...of which of course the long term holders and those that have done their research are well aware of.
Update confirms that they will not commence drilling on Warro 4 until 2nd Qtr 2010. Ie. Not until at least April. I don’t mind...will give more a better opportunity to top up at a lower price early next year.
Once proven commercial (it will eventually IMHO) I’m sure they’ll be drilling horizontal wells...
“Warro amenable to horizontal well field development – 50% increase in drill cost to generate 4 x up lift on NPV”
TSV is the only one for my bottom drawer!
:)
Good presentation that again clearly outlines the potential of...
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