IVZ 0.00% 7.0¢ invictus energy ltd

JRI Fireside chat with Scott Macmillan Tues. Nov 28 @ 9:00 Perth/12:00 Sydney, page-504

  1. 1,590 Posts.
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    There is no current IVZ dataroom open so no progress on farm-out. No point having it open now since there is so much new data coming in.

    The well test can't be done any earlier than starting to bring stuff in late Q1 and doing the well test(s) in to Q2. There are LLI's, new contracts, etc. that need to be sorted first. I wanted them to have the well test kit on site and ready to go now when this well is drilled but I didn't get my way. IVZ's resposne was that they needed time to interpret results from the drill in order to plan the test and optimise equipment for the well test. Fair enough I guess given it is the first appraisal well of the basin.
 
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