Just going back and re-reading the previous drilling reports, I found it interesting that the exact same wording was used in the 10-Nov and 14-Nov updates for all key info in today’s announcement with the exception of the asphaltene and bitumen comment (screenshot below).
So this just reinforces the fact that the sidetrack results are consistent with the original Mukuyu-1 well bore.
But with one new piece of info. And without overthinking the significance we just have to trust the specific wording from Scott that the asphaltene and bitumen seen in some cuttings “indicates the presence of liquid hydrocarbons in the Mukuyu structure”.
So in my view nothing has changed with the exception that the chance of having an oil leg / rim has potentially improved a touch.
- Forums
- ASX - By Stock
- IVZ
- Ann: Mukuyu-1 Sidetrack - Multiple Zones of Interest
Ann: Mukuyu-1 Sidetrack - Multiple Zones of Interest, page-178
-
-
- There are more pages in this discussion • 255 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add IVZ (ASX) to my watchlist
(20min delay)
|
|||||
Last
6.9¢ |
Change
0.003(4.55%) |
Mkt cap ! $97.83M |
Open | High | Low | Value | Volume |
6.8¢ | 6.9¢ | 6.6¢ | $269.3K | 3.995M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 482259 | 6.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.9¢ | 421552 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 482259 | 0.066 |
4 | 648779 | 0.065 |
3 | 216877 | 0.064 |
3 | 172538 | 0.063 |
3 | 265000 | 0.062 |
Price($) | Vol. | No. |
---|---|---|
0.069 | 421552 | 2 |
0.070 | 482500 | 3 |
0.071 | 1035913 | 5 |
0.072 | 1040000 | 4 |
0.073 | 960000 | 2 |
Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
Featured News
IVZ (ASX) Chart |
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online