IVZ 4.62% 6.2¢ invictus energy ltd

Ann: Strong Gas Shows in Multiple Upper & Lower Angwa Reservoirs, page-119

  1. 672 Posts.
    lightbulb Created with Sketch. 317
    Alright, but I thought the intention was to explore as deep as possible, take sidewall samples and run logs to establish if diagenesis has taken place.

    i guess if the 6" equipment isn't in the plan right now, they could always extend the well to 4200m or 4500m at a later date ?

    But wasn't there last minute mobilisation of slim hole LWD, MWD etc.?

    If they don't establish how deep the gas is in the Lower Angwa, a major oil company could step in and purchase a potentially significant amount of gas very cheaply because it is not yet contingent resources or recoverable reserves.
    Last edited by Grfe4: 25/10/23
 
watchlist Created with Sketch. Add IVZ (ASX) to my watchlist
(20min delay)
Last
6.2¢
Change
-0.003(4.62%)
Mkt cap ! $87.91M
Open High Low Value Volume
6.7¢ 6.7¢ 6.1¢ $269.7K 4.305M

Buyers (Bids)

No. Vol. Price($)
1 5998 6.2¢
 

Sellers (Offers)

Price($) Vol. No.
6.3¢ 11689 2
View Market Depth
Last trade - 16.10pm 25/06/2024 (20 minute delay) ?
IVZ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.