IVZ 2.67% 7.7¢ invictus energy ltd

Ann: Trading Halt, page-381

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    3D will only be shot over Mukuyu, this will unlock the sweet spots for drilling on Mukuyu, plus a 3c contingent resource can be calculated off two wells and 3D seismic.

    Shooting fish in a barrel refers to - once you have one discovery, prove there is a working hydrocarbon system, and know what you are looking at, the rest of the basin effectively takes care of itself with regard to the geology, where to drill, what to expect.


    Not having a crack, you’ve just over simplified a bit wink.png
    Last edited by Greenocean: 21/12/23
 
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