TSV 0.00% 0.8¢ transerv energy limited

tree shaking, page-6

  1. 5,175 Posts.
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    The operator is not expecting the rate to go up to 4mmcfd in 60 days.60days is the entire test period. The expected clean-up period to reach maximum production was to be 2-3 weeks.this means that they should be approaching max production very soon.I think they also ended up doing more frac jobs than planned, in which case both the gasflow rate and well pressure should have risen a bit faster.
    Thats my take on it anyway.
    We are all in the same boat here and I wish I could be a lot more optimistic but I am just not seeing the numbers that I expected at this stage.This weeks progress will be telling in my opinion.
    Occam
 
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