IVZ 2.78% 7.0¢ invictus energy ltd

Ann: Invictus Energy - Excellent 2D Seismic dataset received, page-66

  1. 1,059 Posts.
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    It looks like they've possibly abandoned drilling Msasa ?

    because I remember all announcements use to quote "9.25 Tcf + 294 million barrels of conventional gas / condensate"
    (Which is inclusive of Msasa)

    where as lately, they've been sticking to "8.2 Tcf + 250 million barrels# of conventional gas / condensate" (which is Muzarabani without Msasa)

    I wonder why

    Maybe , they are targeting 2 separate wells in Muzarabani for a greater chance of success at Muzarabani

    (1)the primary Upper Angwa target in the Mzarabani Prospect at 11%.

    (2)The Dande, Forest and Lower Angwa have an estimated chance of success of 5% within the Mzarabani Prospect.

 
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