Transerv Energy is pleased to advise that its joint venture partner in the Warro Gas Project, Alcoa of Australia, hasconfirmed its commitment to continue with the Warro Project. This decision endorses the Warro Gas Project as an important initiative to create new supplies of domestic gas for its alumina operations in Western Australia.
Alcoa has elected to exercise its right to acquire its additional equity earned by the drilling of Warro-4 and the acquisition of the Warro 3D. This will bring Alcoa’s interest in the project to 43%.MORE
TRANSERV ENERGY LIMITED (TSV)
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