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Exploration - 23 February 2016

Natural flow established at Warro

Transerv Energy has stated that Warro-6 onshore well in Western Australia is flowing gas naturally while Warro-5 continues to clean up with the aid of a jet pump.

 

North Sea costs drop 40%

Oil and gas UK's Activity Survey shows that while North Sea costs have dropped to 40% and activity outlook signals urgent need for tax reform.