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7.5¢ invictus energy ltd

Ann: Mukuyu 1 & Sidetrack Well Results, Rig Secured for 12 months, page-183

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MKI4EVA

4,225 Posts.

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03/01/23

12:44

Post #: 65508489
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Originally posted by Kiwigeo8339: ↑

Timing of next well will depend on a few things:

1. time required for Exalo to carry out service and upgrades to rig.
2. If BH are going to be replaced that will require time. Service companies are busy and understaffed right now...to the point where many of them don't bother even bidding for short term work with small oilers.
3. Time will be required to process all of the data from Mukuyu and integrate it into the basin model.
4. In light of the technical lessons learned from Mukuyu-1 time will be required to rejig plans for Baoab and Mukuyu appraisal wells.

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Do you think a month would be enough time to carry out point 1?

IVZ Price at posting: 15.3¢ Sentiment: Buy Disclosure: Held
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