IVZ 5.33% 7.1¢ invictus energy ltd

Ann: Quarterly Report & Cashflow, page-42

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    I understand that drill trajectories these days can be bent to greater degrees and even be horizontal,

    Imagine doing a "Z" well (commonplace !!)
    Under 110metres of water off a jack-up rig in the North Sea

    Schlumberger did it in 2012

    9/3b-7Z:
    Horizontal across the top of the Reservoir
    Diagonal to the base of the Reservoir
    Then horizontal across the base of the Reservoir

    Finally pulling up Heavy Oil on a 68 day Well Test at 3,900 bopd into an FPSO tanker

    Mikuyu 1 and ST1 should have been a walk in the park in comparison !!

    But substantially Cheaper !!

    https://en.wikipedia.org/wiki/Bentley_Oil_Field
 
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