IVZ 4.69% 6.7¢ invictus energy ltd

Mutapa to supply insto funding, he did say partner at the very...

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    Mutapa to supply insto funding, he did say partner at the very start....at least that is what I heard.
    I think there will also be an industry partner farm in, said the data room was busy and expecting offers soon.
    Service companies willing to do a deal either WI or cash from sales, very close to signing off.
    40% cost savings expected on drilling.
    Fast tracking of pilot project, used the word elegant, for how this would happen and said that it would supply investors with the confidence IVZ can get approvals ect through.
    Eastern targets could be one big basin, very excited about out there. Their pre drill info is playing out as expected and samples that are just coming in are confirming that their prognosis of more liquids in shelf edge are on track and IF I didn't get it wrong out east as well.




 
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