IVZ 2.56% 8.0¢ invictus energy ltd

Ann: Trading Halt, page-163

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    Actual rate of penetration while drilling can vary from < 1m/hr to >100m/hr but when working out drill time for a well you need to factor in time spent doing operations other than drilling, eg doing connections, trips for bit changes and downhole tool failures, casing jobs and wireline operations etc.


 
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