PV1 2.86% 3.4¢ provaris energy ltd

Nice try Bruham- and on a slight down day..lol -Wont fool...

  1. 3,400 Posts.
    Nice try Bruham- and on a slight down day..lol -Wont fool anyone.

    We know Drover1 has gas based on AWE ANNOUNCEMENT below.....how much yet to be determined and we are waiting for results which could come any day now
    If you look at approx. 20% (rounded up) of a confirmed major discovery is worth a lot -probably 50c + Once commercialized.

    AWE has discovered gas at the Drover-1 exploration well in EP 455, Perth Basin, Western Australia. The well was drilled to a depth of 2,356m. The well was designed to test the unconventional gas potential in the southern area of AWE’s Perth Basin acreage.
    All target formations have been intersected and log data indicates a 787m section of Kockatea shale, a 257m section of Carynginia shale, a 289m section of Irwin River Coal Measures and a 14.5m section of High Cliff sandstone. The well will now be suspended pending the results of the testing of data, with production casing already set in the well.
    Ownership of EP 455: AWE (81.5%, operator) and Titan Energy (18.5%).
 
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