end of day rush, page-4

Some key points

Schlumberger suggested it may be possible to
recover 40%-50% of the approximate 4-6 tcf in
place.

The resource potential of the Warro structure is
considered to be approximately 141 Gm3
(5 Tcf) some of which may not be tight gas.

Latent has point to: “These could hold between nine and 12 trillion cubic feet of gas, which is enough to
support WA’s needs for up to 30 years.

at 2mcf Warro is commercial at current gas prices.
once water issue is resolved a flow rate of 5mcf is expected
as they have mentioned in previous reports.

the more the well flow the less wells they have to drill to reach 100-150 mcf target.

all in all cheap as chips.

some sources.
http://www.latentpet.com/_content/documents/549.pdf

http://www.pesa.com.au/Publications/pesa_news/latest_edition/images/pn100_95-100.pdf

http://www.latentpet.com/_content/documents/523.pdf

http://www.dmp.wa.gov.au/documents/Tight-gas__Resources_in_Western_Australia.pdf

regards