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6.0¢ invictus energy ltd

Ann: Hydrocarbon gas recovered & evaluation program forward plan, page-1072

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Kiwigeo8339

3,706 Posts.

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22/11/23

12:37

Post #: 71041793
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Originally posted by butcherano: ↑

“Note that there were no issues with these coals during the earlier wireline runs so that would lower risk of issues with ledges while MDT is on wireline.”

I’m not 100% certain is this is accurate unfortunately. It took 7 days to complete the first two runs on wireline and this included a “minor tool failure” which we now understand is actually damage rather than an unforeseen malfunction. Even allowing for time to POOH, condition the well for logging, 1 x planned wiper trip and 1 x wiper trip to clear the shale obstruction in the Lower Angwa, 96hrs for two runs which would normally take 20hrs indicates that they were having hole stability issues long before they said anything to us about them. I think you were spot on when you said this is the biggest risk for the side track compared to differential sticking.

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I'm talking about the numerous runs to TD that were made with the pre MDT logging runs. Supercombo, FMI, CMR etc. If washed coals are an issue they'll affect these tool strings as well as the MDT.

IVZ Price at posting: 13.0¢ Sentiment: Buy Disclosure: Held
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