IVZ 1.49% 6.8¢ invictus energy ltd

Ann: Mukuyu-2 Drilling Update, page-831

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    I showed the seismic to one of my mates who works for the exploration team of a large oil and gas company and his feedback was that Upper and Lower Angwa looked like "good targets" at Mukuyu, based on M1 results, and agreed with IVZ re. drilling up dip for M2. But without data room access not a lot more he could advise.

    He also pointed out that they did in fact drill a bit of the Lower Angwa in M1 at 3,900m and it had "moderate dry gas" - press release 31 August 2023 (figure 2) and he thought this was encouraging for M2.

    https://hotcopper.com.au/data/attachments/5663/5663866-000bf4c8cbd1f93d49bdd24c9017b504.jpg
 
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