IVZ 1.45% 6.8¢ invictus energy ltd

Ann: Additional gas discovery in Lower Angwa Mukuyu-2, page-597

  1. 784 Posts.
    lightbulb Created with Sketch. 358
    Great idea to perforate the very thin zones.

    I would like to add, based on my experience, well performance in poor permeability wells can be transformed in a cost effective way by utilising "Stimgun propellant-assisted perforating" or Stimtube technology. These guns create micro and mini fracs in the near wellbore region where the shots are initiated and although the fracs do not penetrate deep into the reservoirs as in the case of hydraulic propped fracs, they usually enhance well performance in a cost-effective manner.

    Invictus are probably already aware of this technology, but best to pass on this message please, 7seven7 and Petere.
 
watchlist Created with Sketch. Add IVZ (ASX) to my watchlist
(20min delay)
Last
6.8¢
Change
-0.001(1.45%)
Mkt cap ! $103.1M
Open High Low Value Volume
7.1¢ 7.1¢ 6.8¢ $14.57K 209.5K

Buyers (Bids)

No. Vol. Price($)
4 88054 6.8¢
 

Sellers (Offers)

Price($) Vol. No.
6.9¢ 73553 4
View Market Depth
Last trade - 14.14pm 01/11/2024 (20 minute delay) ?
IVZ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.