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1.49%

6.6¢ invictus energy ltd

Ann: Trading Halt, page-303

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Roch2077

10,189 Posts.

1986

05/12/23

15:13

Post #: 71282547
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Originally posted by 7seven7: ↑

So I'm thinking that something happened that required a trip / pull out of hole. So instead of running back in they decided to run wireline operations over the presently drilled interval while it's fresh. Take logs, pressure points and samples, give us the D, then go back in with the bit and finish drilling, log the final section, take some core, then run the liner and suspend the well for flow testing in April 2024.

Why the TH when we never had one previously during critical wireline runs? All I can think of is that perhaps they have invited a VIP or some media to site and don't want to risk a leaky ship. So far no news has leaked from their own crew on the rig and hence no TH called during critical times earlier in the MK2 campaign.. But who knows for visitors.

Expand

Then you have :

1. resource upgrade in Jan on new seismic
2. Upgrade in net pay in Jan
3. Signing of Zimbabwe contract in Jan/Feb
4. More updates on Drilling data in Jan/Feb
5. mobilisation in March

On top of all that you have a JV, farm in or takeover before Flowing the well

A lot happening near term and this is going to continue to rerate it’s the largest discovery of gas and oil in Africa so it’s going to be huge

Last edited by Roch2077: 05/12/23

IVZ Price at posting: 16.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 6.6¢		Change -0.001(1.49%)		Mkt cap ! $100.0M

Open	High	Low	Value	Volume
6.6¢	6.6¢	6.5¢	$6.081K	92.39K

Buyers (Bids)

No.	Vol.	Price($)
1	3382	6.6¢

Sellers (Offers)

Price($)	Vol.	No.
6.7¢	138139	4

View Market Depth

No.	Vol.	Price($)
3	272005	0.065
2	194792	0.064
5	425111	0.063
3	479487	0.062
4	800099	0.061

Price($)	Vol.	No.
0.067	138139	4
0.068	92728	2
0.069	161700	2
0.071	150000	1
0.073	15000	1

Last trade - 15.54pm 06/11/2024 (20 minute delay)

IVZ (ASX) Chart