IVZ invictus energy ltd

Ann: Africa Energy Summit Presentation, page-175

  1. 1,785 Posts.
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    LOL
    - overpressured does not tell you if tight gas reservoir or not tight gas reservoir
    - a big number for a gas resource does not tell you if tight gas or not tight reservoir. (For example: in the northern part of Europe you find many billions m3 of gas , often very tight gas reservoirs and only classified as resources in the carboniferous)
    - if you test a tight gas reservoir, you will see a flowing well, enough gas for a burning flare. SM is telling us the truth. Even from reservoirs, classified as ultratight you can get a flare during testing.

    Yes we did not get many Infos about the quality of the discovered reservoirs from Mr. SM. But there are some hints that they drilled some meters of tight gas reservoir sections (you can go thru the old press releases and re-read the textparts with the hints about poor reservoir quality). - Or perhaps easier if you do not have egghead knowledge about geophysics, petrophysics, logging, drilling, testing, reservoir engineering etc.: we can compare Namibia with Zimbabwe. After Corona in Zimbabwe , 2 wells were drilled, in Namibia since Corona 17 wells were drilled mostly by major oil companies, 15 wells were declared as successfull. Shell, Total, Galp organized within few weeks, months well tests to test their exploration wells after drilling (although it is much more sophisticated, expensive to organize a well test in Africa Offshore deep water than Africa Onshore. ) Still SM shys away to do the test of Mukuyu 2. Why?
    Or why is Baker Hughs buiding a mud plant in Namibia now and not in Zimbabwe. Why is Halliburton building facilities in Namibia now and not in Zimbabwe. One answer could be: the oilfield service companies do not expect to earn big $ in Zimbabwe. Or, Why do you meet so many managers of major oil companies at the airport in Namibia and not in Zimbabwe? Since Corona Namibia cracked the code for their world class, big turbidite oil fields offshore and has a good chance to produce millions of Boe per day in the futur. Since Corona, Zimbabwe drilled 2 well and we are waiting for a simple standard, not so expensive Onshore well test.
    So, what could tell us the comparison Namibia versus Zimbabwe about the difference of the quality from reservoirs discovered in Namibia versus discovered in Zimbabwe?
 
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