TSV 0.00% 0.8¢ transerv energy limited

Although the announcement still addresses the problem with the...

  1. 1,011 Posts.
    Although the announcement still addresses the problem with the water ingress, it acknowledges that there are still engineering options available to the operators to work on at the lower levels.

    In the interim period and albeit for a brief time, the flow rates did exceed expectations.

    What caught my attention in particular was the last part of the report indicating that the unfracced zone 7 contains 55m of pay zone for the well and, with similar characteristics to zone 6 (a high yield area) has "SUBSTANTIAL POTENTIAL PRODUCTION UPSIDE FOR WARRO 3".

    This will reprtesent a huge bonus given that water is not an issue at these high yielding zones.

    I remain highly supportive.

 
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