IVZ invictus energy ltd
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Phone conversation with Scott - Jan 12th 2023., page-209

  1. Grfe4
    896 Posts.
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    19/01/24
    11:02
    Post #: 71960025
    In M-2 they intersected an unexpected 163m thick shale body, and that was apparently a complete surprise at the time. Maybe you were not following the IVZ operations at that time?

    M-2 UA in comparison with M-1, was definitely not thin cyclical shale/sands. They were expecting from the seismic DHI's thicker gas bearing sands in the Upper Angwa in M-2, but when the samples were taken and after provisional log interpretation was performed, they only found 13.9m net pay.
    IVZ Price at posting: 11.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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