IVZ 1.49% 6.6¢ invictus energy ltd

Ann: 2D Seismic Identifies Multiple Prospects in Dande Formation, page-120

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  1. 16,660 Posts.
    lightbulb Created with Sketch. 4012
    It changes a whole lot.
    One of my biggest concerns has been how we were going to afford drilling a well outside of SG, and how that was going to happen before mid June next year.
    Had we failed to complete the work program for the EPO's, based on the drilling assumption, the Gov would be with in their right to take the lease off us so IMO it was very material.
    So just for 100% clarity ALL work commitments have been fulfilled for both SG and EPO's which has put my mind to rest on the EPO licence area's.

 
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