Dazt, this is from the last ann. Warro-4 has met all Transerv?s expectations so far, penetrating gas-bearing reservoir sands of the Lower Yarragadee section, which are very similar to those drilled at Warro-1, 2 and 3. The reservoir interval in Warro-4 was intersected at 3,750mRT, with 387m of the formation being drilled. Approximately 230m of potential reservoir sandstone was encountered with strong hydrocarbon indications seen across the interval. Detailed petrophysical work is in progress to identify the most suitable zones for fracture stimulation and more detailed information on the well results will be provided once that work is completed.
Fantastic stuff, maximum disclosure that is available to them.
TSV Price at posting:
2.6¢ Sentiment: Buy Disclosure: Held