IVZ 4.55% 6.9¢ invictus energy ltd

Ann: Hydrocarbon gas recovered & evaluation program forward plan, page-509

  1. 42 Posts.
    Agree with the above Butcherano.
    Scott has spoken about getting a farm in, off take agreements and even bank funding. Pretty sure announcing a discovery on the back of today’s data would have been a red flag for anyone one of these type of investors.
    Today’s share price does hurt but I think the biggest mistake was continuing to drill into LA as from what it sounds like the gas pressure down there is causing the issues hence the reason for stopping at current TD.
    Hopefully we can get some net pay figures out of the sidetrack to get a better understanding of the structure.
    Also quick thanks to those guys who put the time in to educate us plebs on O&G and the boyz for keeping it real!


 
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