IVZ 1.41% 7.2¢ invictus energy ltd

Ann: Seismic Contract for Phase 2 Exploration at Cabora Bassa, page-11

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  1. 9,899 Posts.
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    3D was a Chinese whisper rumour conjured up on HC. Scott simply stated that for X amount of dollars to keep drilling ahead at M1 and chasing the elusive D with the same malfunctioning tools, they decided to pull up stumps as that money could be spent more efficiently, for example a full suite of 3D seismic over the Mukuyu structure. I’m sure he did clear this up in the last webinar, although it’s been a while so don’t quote me on that.
 
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