IVZ 1.47% 6.7¢ invictus energy ltd

Ann: Hydrocarbon gas recovered & evaluation program forward plan, page-1214

  1. 7,295 Posts.
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    Should never have put themselves into this situation.... drilling the unknown (yeehaw!) without getting samples off in upper angwa, the 'conservative approach'.. Sp now 40c+....then drill on, hit high pressure etc sp now 50, 60c..gotta Load up mud weight but sample previously taken .so no biggy, as primary objective not compromised. Massive own goal!
    Shocking risk management imho. Unless there is an undisclosed objective.
    Tc
 
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