this from the Latent website. Crucial Warro test to start next week Wednesday, 22 April 2009 PARTNERS in the Warro gas project will soon discover if their efforts to coax production out of the tight gas field have been successful with the completion of the full fracture stimulation program on the Warro-3 well. Minority partner Transerv said the frac program had achieved seven fracture stimulation stages over the potential 280m net pay zone and injected more than 380 tonnes of proppant into the targeted gas sand zones. Coiled tubing will now be used to drill out the temporary bridge plugs set between each stage and to clean out the well bore in preparation for the extended flow testing of the well, to start next week. The flow test will be carried out for about 60 days with information on reservoir and gas characteristics gathered for further analysis. This information will be used to determine the commercial viability of the Warro project. Alcoa of Australia is funding the evaluation program in return for a 65% interest in the project while unlisted private company Latent holds a 25% stake. Transerv owns the remaining 10%.
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