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GAS

Warro likely to grow

TRANSERV Energy and Alcoa have reported that the Warro-5/ST1 well, testing what could be the largest undeveloped gas field onshore in Australia, has intersected 130m of net gas pay in massive stacked sands, with gas pay being encountered over a gross 175m interval, and may be substantially larger than first believed.

Haydn Black
Warro likely to grow

Importantly, the well remains in gas at its total depth of 4422m, reinforcing the tight gas field's substantial potential of 8-10 trillion cubic feet of gas-in-place, while suggesting further, deeper resources...

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