Plan is to drill from current depth of ST - but - how deep are we going into the LA ?? I would love to see the drill go down to maximum depth to try find any/all reserviours. Will there be attempts at samples/logging - or is it just drill as deep as possible and hope for it to flow like a MOFO ? What are the associated geological risks of drilling to 5000 M (assuming this to be max drill capacity)
Understand that perforating the current 35M of payzones will be occurring after the “free flow” of the deepened uncared section. - how would the market interpret low flow from the lined section with a high flow from the deeper LA ? - would there be any material difference in SP seeing as there may not be a real understanding of depth of pay in the free flow section. (I dont want to hear about another stuck tool )
Is there a significant chance to repeat the overpressure scenario between different deeper reservoiurs in the LA that would create the same issues that caused us to sidetrack MK2 ?
and lastly… When the bloody hell are they going to do it !!
IVZ Price at posting:
9.8¢ Sentiment: Buy Disclosure: Held
