IVZ 0.00% 7.9¢ invictus energy ltd

Ann: Hydrocarbon gas recovered & evaluation program forward plan, page-628

  1. 77 Posts.
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    Many are blaming the wording of the announcement( discovery which is not a discovery)- The language, tone , grammar etc is not the issue.
    We have established ( from the failures of MK1,ST1, MK2,) that the only way forward is having a tools warehouse on site. Shipping a tool when a problem has arisen is not good enough.
    IVZ has no capacity to drill this challenging well.
    As for ST2, in 28days we will get a perfect logical reason why it failed. Can we avoid this 0/4 drill success?
    CR and flow test the well- seem to be the most logical.
    warehouse of tools onsite- requires a partner.
    As it stands chance of ST2 failure outweighs success.
    Wish the likes of 7seven7 can convince SM to curtail ambition of “do it alone” - tried, tested, failed x3
 
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