this company has the potential to have its shoot up toward the stars, given the size of the field and and better frac technics now than over a decade ago and like wise comparission to the large Jonaha field in the US but they say better here [latent]. So far theres been more success with the Warro project than others who have drilled in other various parts of the perth basin looking for tight gas over the years to plug and abandon in the end. Tight gas fields in the US alot have encounted water at first in the beginning, with new and better understanding and technology these issues have been sorted out and they're producing for their markets. If up and running and successfull Transerv's ten per cent still equates to a truckload of money revenue small compared to the major partners but alot to make the books look good and make share holders happier..... alot of googling reading about tight gas and other related topics
TSV Price at posting:
2.9¢ Sentiment: LT Buy Disclosure: Held
