IVZ 10.7% 6.2¢ invictus energy ltd

Ann: Hydrocarbon gas recovered & evaluation program forward plan, page-1440

  1. 326 Posts.
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    Hi All,

    Firstly, very sorry to hear of you loosing your partner Jak and your Dad being in hospital for so long - things will improve it's just a slow process.

    In relation to the lack of data / information released by IVZ on especially Mukuyu-1/ST1 and so far on Mukuyu-2 I've been perplexed by this myself for a long time. But, my thinking of late has been that the resource numbers could be so large that SM / IVZ need concrete evidence of a discovery - our samples to surface - and at least a good first pass degree of confidence in the Rw value for estimation of water saturation Sw and then gas saturation Sg & if we are lucky oil saturation So. In Slide 1 below I'm briefly summarized my thoughts on this issue.

    In Slide 2, I've taken the liberty of summarising from other Posters what I think are the key reasons for expecting the sidetrack to be able to achieve samples to the surface. Acknowledgements to@Kiwigeo8339, @7seven7, @steve3110,@Minermoney@Davey boy.

    GLTAH
    Cheers
    VOGC

    https://hotcopper.com.au/data/attachments/5763/5763191-5111ab32b486c29df6cfd0c5f39022fc.jpg


    https://hotcopper.com.au/data/attachments/5763/5763192-9f3ea25a3da71d671eb1cc9cea86a577.jpg

 
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