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 is finalising the necessary approvals to drill, evaluate and develop the Warro Gas Field with the objective of achieving first production in late 2013.

Latent will consult and communicate with the relevant authorities and local stakeholders at each stage of the project to ensure our activities are understood and any concerns are taken into account.

Warro Gas Field has the potential to offer Western Australians a significant new source of competitive energy in a time of need.