IVZ 1.41% 7.2¢ invictus energy ltd

Ann: Hydrocarbon gas recovered & evaluation program forward plan, page-1257

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  1. 7,335 Posts.
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    OK.

    Would you, as an industry professional, have not got a sample in the primary upper angwa reservoir, before pressing on into the unknown? Is that smart project management? Is that taking the conservative approach? Knowing that when , not if, you up the mud weight, not even in a reactive manner, but as a normal course of action and as expected (planned if you will) it will compromise logging/ sampling success in your primary target. WTF? Why would you do it, that is worse than being caught out Imo? It's foolhardy and reckless from a financial and project management stand point and begs the question is it really the primary objective at all. Anyone here, get away with stupidity like that in their field?

    I do value (we all do) you cool head and insider wisdom. We are all learning loads , but there seems a stark contrast where I'm sure safety is paramount, quite rightly. But project risk management has gone AWOL?
    Appreciate your insights as an insider. Not a shot at you, but boy some questions being begged here of management.
    Cheers tc.
 
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