IVZ 2.74% 7.1¢ invictus energy ltd

Ann: Strategic Investment & Production Sharing Agreement Update, page-157

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    As much as I would love to see us drilling in the east section before Christmas the reality is that they have yet to determine exactly where to drill and more importantly the Farm-In driller would have to be signed up by now and have the Rig on it's way to site from wherever it is coming from.
    You then have all the prep and long lead items to arrive onsite along with the other supporting companies to gear up etc.
    Getting MK2 to production status and the flow test completed by Christmas will still be a major task IMO.
    Just trying to keep everything in perspective and knowing that with O&G exploration, nothing moves quickly!
 
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