IVZ 1.33% 7.4¢ invictus energy ltd

Ann: Light Oil, Gas Condensate & Helium confirmed in Mukuyu-1, page-39

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  1. 1,005 Posts.
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    We always knew there was gas, the confirmation of oil is the big one. Helium is whatever at this stage.

    Net pay figures at some point should be very interesting, this'll be what the market wants. Imagine SP will remain around these levels until SPP closes and shares are issued but then we could start to see the steady climb up into M2 spud.

    M2 discovery is all we need now. O&G exploration is always super high risk but this has been heavily derisked even more, can see why Scott views a discovery as a formality rather than hopeful.
 
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