IVZ 1.47% 6.7¢ invictus energy ltd

Ann: Light Oil, Gas Condensate & Helium confirmed in Mukuyu-1, page-38

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  1. 1,135 Posts.
    lightbulb Created with Sketch. 1652
    Would be interested to hear a more detailed analysis of the following statement from Kiwi.

    'The approximate CGR is estimated to range between 135 barrels of condensate per million standard cubic feet of natural gas (bbl/MMscf) in the shallowest reservoir interval analysed, with CGR decreasing with depth to approximately 30 bbls/MMscf in the deepest analysed sample.'

    Obviously, a higher CGR ratio is better and gets better in the shallower regions... plays well for the Pebbly Arkose. So then what for Lower Angwa?

    Could this also provide support for migration pathways into other reservoirs? Not the same but similar to a 'fill to spill' occurrence?

    Grateful for any commentary

    Really not fussed with the Helium element. Will be beneficial in the future but don't want to get carried away with that
    Last edited by Portiss: 08/05/23
 
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