IVZ 4.55% 6.9¢ invictus energy ltd

Ann: 2D Seismic Identifies Multiple Prospects in Dande Formation, page-17

  1. 16,160 Posts.
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    Dande is a geological layer not specific to Mukuyu.

    A couple of things from my perspective.
    The confidence level would have to be much much higher for these targets than pre drill.
    3 lots of seismic and 2 wells will have had a material affect on certainty.
    The structures are massive.
    From the map Mopane and Musuma are similar, if not bigger in size, than Mukuyu. I make them about 225 sq km approx.

    Whilst I don't think it will shift the sp, it probably should though given there are 2 discoveries not far away, its nothing but great news.
    I'm looking forward to a prospective resource number for the Eastern leases it has the potential to make Mukuyu look pedestrian.



 
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