TSV 0.00% 0.8¢ transerv energy limited

brett mitchell on brr

  1. 52 Posts.
    http://www.brr.com.au/event/72574/quest-petroleum-large-onshore-amazon-prospect-spudded-january-2011-and-225m-placement-brett-mitchell-executive-director

    Brett covers many of the points with Amazon that we are familiar with but also the Sumatran gas project that will be of interest to TSV shareholders if, as is expected by some, any successful interest in the Amazon field will be paid out by a conversion to Quest shares.

    Importantly, Brett continues to use the term "company making" in relation to the Amazon project. He also states that the size of the potential field is the largest of similar fields in LA in the last couple of years.

    The testing of Amazon is scheduled for late Feb or early March and then we should have some idea as to the value of the Amazon proportion of our shares. On the information available to me at this time, I will hold the QPN shares if these are offered.
 
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