IVZ 0.00% 7.9¢ invictus energy ltd

Nearest The Pin, page-37

  1. 633 Posts.
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    Shall we try a nearest to pin once the seismic and updated resource estimate is released?

    Past ann stated "extensive array of prospects and leads". I'm guessing extensive array at 6? Same ann also showed the basin target for the second well as 3-4 stacked targets.

    Upgraded resource estimate and seismic didn't include the Msasa target (which hasn't been discussed in a very long time...). Msasa in old resource estimate was 1.052 TCF and 44mmbbl.

    I'm guessing Msasa stays roughly the same, new basin targets are more liquid prone, target basin margin play with the 3-4 stacked targets mean estimated prospective resource 200bcf gas, 400mmbbl condensate, and avg for the other 5 plays is 75bcf gas, 150mmbbl condensate. So my guess for the total for the basin margin plays - 575bcf gas, 1150mmbbl condensate.

    Adding in Msasa, guessing uplift of 1.6tcf gas, 1200mmbbl condensate.

    Adding that to upgraded Mukuyu mean estimates...

    So my guess is total estimated prospective mean resource of 21.6tcf gas, about 2billion barrels condensate.


 
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