IVZ 0.00% 7.0¢ invictus energy ltd

Ann: Fluid sample confirms rich gas-condensate & oil potential, page-77

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  1. 4,021 Posts.
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    Speaking from a financial point of view:
    1. Shallow oil is cheaper and quicker to get at. Lighter drilling equipment.
    2.It is worth much more than gas by volume.
    3.Light oil is easier to transport/move and simpler to refine. More readily saleable than heavy which needs specialised refineries.
    Could location of pools of this fast track cash flow and be v.g. on a cost/benefit basis?
 
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