I thought i would recap some timelines for myself and here is what was stated in the Nov 09 summary. Obviously, like with Warro 3, this can change but it shows we are getting close to activity at the Warro 3 / 4 site again and a review / recap is worthwhile.
6) US tight gas experts engaged to minimise impact of water in Warro 4.
Schlumberger Independant review: 7) Predicts modern fraccing techniques will succeed in comercial flow, would have been developed yeras agi if in the US.
8) Warro 3 confirmed commercial flow rates of 5 - 7 mmcfpd for 7 hours from only 4 zones.
TSV Price at posting:
1.5¢ Sentiment: Buy Disclosure: Held