IVZ 1.61% 6.3¢ invictus energy ltd

Hi DynamicScott,You bring up an extremely important issue re...

  1. 329 Posts.
    lightbulb Created with Sketch. 7131
    Hi DynamicScott,

    You bring up an extremely important issue re "That would be interesting to know because it could give some indication of the net pay in the rest of the over-pressured part." I dealt with this as best I could in my Post on the 19/12/23. I have copied the five key Slides below and put blue boxes around the relevant comments / information that relate to this topic.

    From my reading of the ASX 15/12/23 release, SM is stating that the logs used to define the current net pay are from the Mukuyu-2 well bore & not the sidetrack which just had a very basic log set acquired (see Slide 4 item B). A point I initially missed in my notes from the Webinar (see Slide 5 point 9) is that SM mentioned in the Webinar that they encountered "sticky hole conditions" when attempting to wireline log at ~3500mMD in the Mukuyu-2 well bore. This would indicate to me differential sticking and thus the potential for a permeable Lower Angwa sand at that depth i.e. below the thick shale.

    Trust this may help yourself and others.

    GLTAH
    Cheers
    VOGC

    https://hotcopper.com.au/data/attachments/5865/5865113-cd0ae508759f69ca6f1a96b67d6756fc.jpg


    https://hotcopper.com.au/data/attachments/5865/5865114-af0fe2282615f4e051d850a5cf6d5ee7.jpg


    https://hotcopper.com.au/data/attachments/5865/5865117-1e259fcee5c7a02b04bae833fedd563f.jpg


    https://hotcopper.com.au/data/attachments/5865/5865118-827b4f53c7cb70a255c8f20c2ebddd5c.jpg


    https://hotcopper.com.au/data/attachments/5865/5865121-d492b41483603652be473cd5f1beb5d2.jpg

 
watchlist Created with Sketch. Add IVZ (ASX) to my watchlist
(20min delay)
Last
6.3¢
Change
0.001(1.61%)
Mkt cap ! $89.32M
Open High Low Value Volume
6.2¢ 6.4¢ 6.0¢ $308.9K 5.008M

Buyers (Bids)

No. Vol. Price($)
1 160000 6.2¢
 

Sellers (Offers)

Price($) Vol. No.
6.3¢ 147648 2
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
IVZ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.