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6.8¢ invictus energy ltd

Ann: Share Purchase Plan Prospectus, page-116

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VOGC

336 Posts.

7235

07/05/23

17:25

Post #: 67647191
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Originally posted by Davy Boy: ↑

Was listening to the below again this morning.
SM give a bit more detail about Pebbly A which I'm starting to think could be the surprise packet. He says there are a couple of big zones in there one at ~ 70m and 1 at~ 30m from memory. He also said that the mud losses were likely due to permeability.
He also says that they are having a much much closer look.
I think it will be interesting to see what they have to say about PA and could surprise to the upside.

One thing that did puzzle me a bit from the re-watch is he says they have kept a lot of the small services on at rig site but are out to tender for the 3 big ones.
Wireline, MWD and directional drilling.
What confused me is why you would need directional drillers for a straight well? @Kiwigeo8339
Of course it could be that they are intending to drill more than 1 well and the second requires directional drilling??

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Hi Davy Boy,

From the information SM mentioned in the Webinar and his comments, I'm hoping that the Pebbly Arkose will provide some material resources. For those interested I'm posting below my notes on the Pebbly Arkose from the Webinar and a couple of back up Slides.

GLTAH
Cheers
VOGC

IVZ Price at posting: 11.5¢ Sentiment: Buy Disclosure: Held
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