About Latent Petroleum
Latent Petroleum Pty Ltd, is an wholly owned subsidiary of Transerv Energy Limited (ASX : TSV). Latent was formed to develop the Warro Gas Field in the Perth Basin and provide much-needed gas to Western Australia.
Latent Petroleum owns Exploration Permits, EP321 and EP407 which together cover the Warro Gas Field. The Gas Field has an area of approximately 7,000 hectares and is located 60 kilometres east of the coastal town of Jurien.
Latent has recently completed a 3D seismic survey to further evaluation work of the Gas Field which will establish the best approach to maximize gas production from the reservoir rocks,about 4000m below the surface. Warro-4 spudded on 11 April 2011 and will progress through drilling, reservoir stimulation and extended well testing in 2011. When this work confirms the appropriate development approach, Latent will seek a Production Licence for the Warro Gasfield project. Once producing, gas will be transported via a 35 kilometre pipeline to join the existing domestic gas pipeline network, adjacent to the Brand Highway.
Latent is committed to consulting and communicating with the relevant authorities and local stakeholders to ensure that any concerns with the project are taken into account , and that the Project’s proposed construction and operational activities are fully known and understood by all interested parties.
Drilling at the Warro Gas project commenced in 2009 with the drilling of Warro-03, a 3D seismic survey completed in early 2011. The drilling of Warro-04 will commenced in Q2 of 2011 and Latent plans to construct the pipeline and begin production by late 2013/14.
This website will be updated regularly and we encourage you to register for email updates .
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