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TRANSERV ENERGY LIMITED - ASX: TSV
The data on Australian Shares.com is intended as a guide only and is compiled from information in the public domain. Data on this website should not be used to make an investment or trading decision.
Description
Transerv (TSV) is an ASX listed energy company investing in oil and gas projects. Through its acquisition of Latent Petroleum, Transerv now has the right to maintain a 35% interest in the Warro gas project and controls a 34% interest in the Rock Creek project in Alberta, Canada.
New opportunities are constantly being evaluated both locally and internationally with a view to investment and operatorship. The management team of Transerv Energy is focussed on continually improving the company’s standing in the exploration and production of oil and gas.
Rock Creek Project Highlights
* A significant land position in a new Canadian resource zone
* Highly analogous to the Bakken and Cardium unconventional light oil plays.
* Proven Production reservoir- 20mmbbls of liquids and 1 TCF of gas.
* Participation in over 123 sections of Crown land (30,000 hectares)
* Transerv holds a 34% working interest in the play
* Net holdings of over 10,000Ha prime hectares
Warro Gas Field
The Warro Gas Field is contained within EP 407 and EP 321 onshore in the Perth Basin. The field is located approximately 200 km north of Perth and 31 km east of both the Dampier-Bunbury Natural Gas Pipeline (DBNGP) and the Dongara-Perth Parmelia Pipeline (PP).
Mine For
oil, gas
Location of operation(s)
Western Australia, Canada
Address
Ground Floor 1292 Hay St
WEST PERTH, WA, AUSTRALIA
Phone
(61 8) 6313 5790
Website
Last Updated
22/6/2011
The data on Australian Shares.com is intended as a guide only and is provided purely as an indication of what information can be found through official announcements. Data on this website should not be used to make an investment or trading decision. All information should be carefully cross-checked against official sources for accuracy. The publisher (Intaanetto Pty Ltd) will not be held liable for any loss arising from the use of this website.
