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Potential for Mukuyu-1's Results to be Above Market Expectations, page-11

  1. petere
    1,604 Posts.
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    29/06/23
    09:32
    Post #: 68526709
    VOGC,
    I think one other point that some may have missed is related to a comment that Scott made at the 58:50 mark in the following video.

    (647) Invictus Energy Shareholder Briefing by Managing Director Scott Macmillan - 22 March 2023 - YouTube

    He references a 200 psi over balance pressure at the top of the Pebbly Arkose. This would equate to ~600m gross gas hydrocarbon column in the Pebbly Arkose if it was gas. It would be much less if liquids.

    https://hotcopper.com.au/data/attachments/5387/5387985-3a710700c3c6c22133c431492d8da7b6.jpg

    https://hotcopper.com.au/data/attachments/5388/5388009-b413ca72e1b945d42ceab11ae95926cf.jpg

    For the Upper Angwa the gross column would be larger....



    Last edited by petere: 29/06/23
    IVZ Price at posting: 10.5¢ Sentiment: Buy Disclosure: Held
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