IVZ 2.94% 7.0¢ invictus energy ltd

Ann: Hydrocarbon gas recovered & evaluation program forward plan, page-651

  1. 6,753 Posts.
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    Are they fantasizing about getting the liner in place successfully as they are now saying the hole has deteriorated...wouldn't this be a blocker to running the liner properly so hole in fact may not be able to be preserved? If so then if sidetrack fails to deliver (for all the reasons we can imagine this is IVZ remember) the goods we are back to square one...up shitter's ditch!
    If sidetrack doesn't deliver where to then? What is the plan ands strategy to go forward and exploit the field. Dusted for cash...go raise some more but on what premise or promise. One drill to end them all...the dang sidetrack. We don't get told the real story until its too late. One drill to save the ship...the good ship Sidetrack!
    If we have a 50/50 chance of success it would be a miracle. Their own crew will be amazed if they pull this off. They get paid whether or not they succeed. Disappointing results all the time.
    Does humungous pressure down deep in the LA point to there being oil down there. Is an oil discovery associated with very high pressure? Just a thought to keep myself in hope.
 
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