TSV
Click for more information
0.00% 0.8¢ transerv energy limited

Hi Arkie,200+ wells refers to the life of the field. It is...

  1. PedroX
    156 Posts.
    clock Created with Sketch.
    28/09/09
    10:12
    Post #: 5701371
    Hi Arkie,
    200+ wells refers to the life of the field. It is unlikely that they would have that many producing at any one time. The nature of tight gas is the low permeability of the source. The gas doesn't travel easily.
    I believe the goal is to be producing +100m cubic feet of gas per day. As wells become less productive, new ones are added.
    TSV Price at posting: 2.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

PMT High-grade lithium zone extended at Patriot's Corvette project, drilling grades at 5%
right-arrow Created with Sketch.
CXO Core Lithium narrowly beats guidance on FY24 spodumene production but 1Y returns still shattered
right-arrow Created with Sketch.
NEWS Good debt vs bad debt for the property in your investment portfolio
right-arrow Created with Sketch.
ENR Encounter Resources flags latest niobium hits in fresh assay data
right-arrow Created with Sketch.
HCH Hot Chili sets up water company as drought racks Chile–but must also build communities a desal plant
right-arrow Created with Sketch.
I88 Infini Resources announces exceptionally high-grade uranium soil assay results
right-arrow Created with Sketch.
watchlist Created with Sketch. Add TSV (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.