IVZ 1.35% 7.5¢ invictus energy ltd

Ann: Margin Area 1.2 billion barrel prospective oil resource, page-20

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    The comments that Scott has made indicate that the COS is low until a discovery is made. Once they have found their first "pearl" in the string of pearls, the COS rises substantially. Can't remember if he said 80% or 90% for the Rift following their first discovery but it took a while to find that first one.
 
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