IVZ invictus energy ltd

Ann: Musuma-1 selected as high-impact exploration well, page-446

  1. 17,290 Posts.
    lightbulb Created with Sketch. 4531
    The announcement states they are preparing/ planning to drill second half so my take is long leads have been ordered.
    They clearly believe the Ppsa is coming or they would stay silent on drilling especially setting the expectation of drilling.
    My take is they will drill Musuma, head back to Mk2 deepen then flow test then back to Musuma to test assuming discovery, the time between suspending Musuma and deepening/testing Mk2 will be used to build a Musuma test.
    This keeps the testing together and prevents having that gear lying around if they tested Musuma straight away.
    I believe we will get effectively 2 wells 2 flow tests and 3d by years end.

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
5.0¢
Change
0.001(2.04%)
Mkt cap ! $80.17M
Open High Low Value Volume
5.0¢ 5.2¢ 4.8¢ $228.7K 4.596M

Buyers (Bids)

No. Vol. Price($)
1 290000 4.9¢
 

Sellers (Offers)

Price($) Vol. No.
5.0¢ 119195 3
View Market Depth
Last trade - 16.10pm 27/06/2025 (20 minute delay) ?
IVZ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.