Lets be honest here.
Its getting a bit messy.
The PSA, even though I hope its never signed, should have been inked before now along with the extra lease.
Trying to commit to wells on land we don't have a lease on is ridiculous.
Trying to sell the second well on that land with zero information is also in the same boat IMO.
Its clear Exalo have pulled IVZ up on the second well, no surprise given we don't own it yet, and IMO, that's the actual reason for the delay not maintenance as suggested.
Ann: Invictus Energy Project & Drilling Update, page-31
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