IVZ 1.30% 7.8¢ invictus energy ltd

Ann: Hydrocarbon gas recovered & evaluation program forward plan, page-1503

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    My understanding of the main reason they were only successful in getting a sample in the PA was because they were above the coals and cable wasn't exposed to the hole while on TLC.”

    Exactly! Don’t you think it’s odd that at every opportunity he deflects away from this issue though. Whether it be tool “failures” or differential sticking.

    The coal ledges and washout challenges would have been known since we drilled MK-1. But the first time we’ve heard of this as a risk was after the decision to plug MK-2 and drill a sidetrack.

    Why was this never identified to investors as a significant risk. I would have liked to know about this before we spudded. Or at least when these issues first became evident during the drill weeks ago.
 
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