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2.99% 6.5¢ invictus energy ltd

Ann: Strong Gas Shows in Multiple Upper & Lower Angwa Reservoirs, page-183

  1. onthepunt
    5,116 Posts.
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    25/10/23
    10:55
    Post #: 70524271
    Still 450m to initially planned TD. If they're still in HCs another ~200-400m to drill maybe? No gas-water contact yet, might be good to know where that is for future well planning.

    Also, the small fact that 2 wells 7km apart have proved the basin modelling. Plenty more wells to come to test the rest of the basin and deeper formations. If it flows this is going to be an African onshore record breaker.
    IVZ Price at posting: 20.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 32  Upvote
    lightbulb Created with Sketch.  Great analysis
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