IVZ 3.90% 7.4¢ invictus energy ltd

Ann: Mukuyu 1 & Sidetrack Well Results, Rig Secured for 12 months, page-70

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  1. 397 Posts.
    lightbulb Created with Sketch. 59
    This will open at 20c me thinks. Not gonna lie it's pretty disappointing and think this could have been avoided if we didn't try and hit the 200 horizon which totally screwed the first well. Drill a straight well next time ffs the dog legs totally messed this up and we had an outfit which obviously couldn't hack it. I'm still not selling as this isn't a duster, why else would they be drilling appraisal wells? In their heads this is a discovery... Hopefully they can release some data from the sidetrack well and build back peoples confidence in the company because it is rock bottom at the moment.

    DRILL A STRAIGHT WELL AND PISS FAKER HUGHES OFF THE CONTINENT
 
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