IVZ 2.63% 7.8¢ invictus energy ltd

Ann: 2D Seismic Identifies Multiple Prospects in Dande Formation, page-117

  1. 16,268 Posts.
    lightbulb Created with Sketch. 3818
    Well I must be in the good books, I got another reply, making a clarification, which came as a complete shock to me.
    Apparently because the extended leases were not rolled in to SG4571, as they were going to be, there IS NO COMITMENT required to drill a well in the extended lease area by mid 2025.
    Basically the EPO and SG are treated separately.
    I'm also led to believe that the work requirement for the 2 EPO's has been fulfilled by the 2D seismic currently being processed.



 
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