IVZ 1.25% 8.1¢ invictus energy ltd

Ann: Hydrocarbon gas recovered & evaluation program forward plan, page-90

  1. 727 Posts.
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    It's all good mate, you know this work carries risk.

    They got gas out of an area where they were expecting a water sample so have to be happy with that.

    The open section of the hole is suffering due to the much higher-than-expected pressure in the Lower Angwa (annoying but good news right).

    To keep the Lower Angwa section safe they have a mud weight that is causing issues in the Upper Angwa. The well design was unfortunately wrong but now they know that for the next well.

    So they side track to the Upper Angwa and get a sample, case it and flow test it next year.

    It's frustrating yes but heaps of positives out of this announcement.
 
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