IVZ 1.47% 6.7¢ invictus energy ltd

Ann: Mukuyu 1 & Sidetrack Well Results Amendment, page-171

  1. 18,601 Posts.
    lightbulb Created with Sketch. 2629
    If they did have enough information, the SP wouldn't have crashed.

    Yesterday's price movement said it all - even if you didn't understand it.

    Now, if what the company claim is correct about M1, then they should side track 2 and conduct formation testing and get the fluid samples.

    After all, that was the reason they did side track 1? So they could conduct formation testing and get fluid samples, no???

    Well, why not finish the job with ST2?

    If the formation results and fluid samples are as positive as has been suggested the SP will shoot up.

    Note, they need to conduct these tests at the Appraisal hole, if its NOT conducted in this hole any way.


 
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