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1.47% 6.7¢ invictus energy ltd

Ann: Mukuyu-2 Appraisal Well Location Selected, page-80

  1. Davy Boy
    16,195 Posts.
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    13/07/23
    18:48
    Post #: 68776396
    An appraisal well is any well following the exploration well that is drilled in order to assess extent and viability of a reserve.

    There in lies the rub.
    Apart from booking a discovery and answering a few questions about the make up of the basin, the BIGGEST question is, is it viable/commercial?
    Only one way to find that out....anyways I'm not going to get my way and I think its a very big mistake IMO.

    IVZ Price at posting: 13.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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