Australia's largest stock trading and investment forum Australia's #1 stock forum

IVZ

Click for more information

0.00%

7.7¢ invictus energy ltd

Ann: Mukuyu-2 sidetrack Total Depth reached in Lower Angwa, page-568

First 568 Last

Share
Profile

Follow
Berry21

420 Posts.

69

13/12/23

20:20

Post #: 71434903
Share

Originally posted by Grfe4: ↑

I can provide an estimate, but it is best that you perform your own estimates as well.

At first I used a spreadsheet similar to the one Petere was using based on boe. However, I changed it because I thought it best to recalculate by valuing oil separately from gas.

10 Tscf could be worth MC of $A 400mm, but I would expect some added value from oil at the flanks of the field based on the data from M-1ST. This estimate is based on IVZ having 70% ownership and it would be equiv to 90m net pay.

If we add 0.5 Bn bbl oil, the value including 10 Tscf could be $A 550mm.

I am hoping for at least 30 Tscf plus 0.5 bn bbl oil, which could be worth MC $A 1.35 bn.

Kind regards

Expand

Giraffe..thankyou for sharing your knowledge...in laymans terms for dummies like me. Appreciated...and yeah it wasn't ' u said this etc'..i realise just guesstimate and many factors/assumptions unknown...but what you wrote is easy to get a basic understanding...thx v much.

IVZ Price at posting: 20.5¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

CHM

Leukaemia patient shows complete response in Chimeric Therapeutics' latest trial

ASX Market Open: ASX200 to open weak on Wall Street losses, as US investors factor in a lower Fed rate cut next month | October 8, 2024

Arika to pump $3.2M into gold exploration at WA's Yundamindra following strong maiden program

NEU

Neuren sees FDA greenlight for 3rd trial into children with Phelan-McDermid syndrome

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

There are more pages in this discussion • 2 more messages in this thread...

First 568 Last

Add IVZ (ASX) to my watchlist

(20min delay)
Last 7.7¢		Change 0.000(0.00%)		Mkt cap ! $116.7M

Open	High	Low	Value	Volume
7.5¢	7.7¢	7.4¢	$74.12K	990.8K

Buyers (Bids)

No.	Vol.	Price($)
2	56930	7.4¢

Sellers (Offers)

Price($)	Vol.	No.
7.7¢	12986	1

View Market Depth

No.	Vol.	Price($)
2	56930	0.074
2	39931	0.073
3	84432	0.072
3	89050	0.071
5	396817	0.070

Price($)	Vol.	No.
0.077	12986	1
0.078	254968	4
0.080	153368	5
0.081	1000	1
0.082	72100	1

Last trade - 16.10pm 07/10/2024 (20 minute delay)

IVZ (ASX) Chart