TSV 0.00% 0.8¢ transerv energy limited

You have to be joking right.They are looking for 5mmcfp/d and 9...

  1. 1,712 Posts.
    You have to be joking right.
    They are looking for 5mmcfp/d and 9 days in are flowing close to half that. They are still restricted by 1600 barrels per day frac fluids. History on these types of gas fields suggests best flow rates aren't achieved till 1month or more in and once the fluids clean out they are expecting SIGNIFICANT improvements in the flow rate. Its a winner and couldn't have been any more on track if it wanted too.
    Take a deep breath, read the announcement again, look into other gas plays and then put on your smiley face... its a winner.

 
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