Hi All,
For those interested just posting my review of today's announcement.
Slide 1 refers to my summary notes in Slide 2 with Slides 3 & 4 being the release's Figures 1 & 2.
Slide 5 shows the possibility of 132.7mTVD of oil charged reservoir in the shallower Upper Angwa - assuming the full reservoir section is net.
Slide 6 is a re-post from my Post on the 30/12/22 (Link below) showing that an ~35m oil column over the Mukuyu structure could have the same value as a 240m gas/condensate column - hence the potential value of any oil resources.
INVICTUS ENERGY LTD (ASX:IVZ) - Angwa Reservoir A$/Share Values per Metre of Net Pay - OIL CASE, 65476571, page-25 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
An excellent result.
GLTAH
Cheers
VOGC
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