IVZ 1.49% 6.8¢ invictus energy ltd

Ann: Hydrocarbon gas recovered & evaluation program forward plan, page-458

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    Thanks for your answers today Kiwigeo. It obviously highlights how problematic drilling at depth is, but I assume some of the issues that are arising are beneficial to prospectivity and may aid flow i.e presence of the coals which are crumbly and high pressures below.

    There is obviously gas down there, and some oil, but it is proving problematic to prove. Unfortunately, there are several companies in the same position so exploiting them all has been problematic with them all having similar issues or timelines.


 
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