TSV 0.00% 0.8¢ transerv energy limited

tight ship, page-48

  1. 21,482 Posts.
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    From what we "suspect" this is a de-risked well and the only thing we want to know is (a) confirmation that there is shale (b) that there is gas in the shale (c) and most importantly, how thick the shale is. If we get 3 TU's to those answers, that's when you will see some REAL SP action. In fact, there might even be some "action" starting already by the look of things.
    The drill will (should) be close to the shale already and IF this last lot of drilling has already shown up some shale with over 400 m still to go, then we could have another Nappamerri Trough (Cooper basin-300 m shale). Now THAT would be serious. Watch volumes very closely from now on.
 
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