IVZ 0.00% 7.0¢ invictus energy ltd

The success of the MK1 well in the Upper Angwa and the...

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    The success of the MK1 well in the Upper Angwa and the anticipation around the MK2 well further underscore the potential of IVZ’s assets. As you pointed out, the fundamental approach and the results from these wells clearly differentiate IVZ from companies operating in tight gas or shale gas plays, where extraction methods are more complex and expensive.In terms of the upcoming news flow in the next 2-3 weeks, it will indeed be interesting to see how the MK2 results align with the previous successes and whether they continue to reinforce the high potential of IVZ’s conventional gas system. The energy sector, particularly in regions like Africa, is witnessing a renewed interest in such conventional resources, which can be developed with relatively lower environmental impact and cost as compared to unconventional methods.
 
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