I agree, all the indications point to a significant discovery.
A major gas condensate discovery would be great news because there is a market for gas in both Zimbabwe and South Africa and the quicker it's put on production the better.
There is still lots of discussion though as to whether they found light oil or gas condensate. However, I am sure by now the Invictus engineers will have estimated a fluid pressure gradient based on the few pre-test pressure points recorded in the PA and U Angwa from MK-ST. A gas condensate gradient would be in the approx. range 0.15 - 0.2 psi/ft, whereas oil would be about 0.3 psi/ft.
- Forums
- ASX - By Stock
- Ann: Mukuyu-2 Appraisal Well Location Selected
I agree, all the indications point to a significant discovery.A...
-
- There are more pages in this discussion • 67 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
6.8¢ |
Change
0.001(1.49%) |
Mkt cap ! $103.1M |
Open | High | Low | Value | Volume |
6.9¢ | 6.9¢ | 6.6¢ | $60.23K | 895.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 300000 | 6.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.8¢ | 255775 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 300000 | 0.067 |
3 | 349884 | 0.066 |
8 | 889319 | 0.065 |
2 | 97725 | 0.064 |
3 | 264618 | 0.063 |
Price($) | Vol. | No. |
---|---|---|
0.068 | 255775 | 1 |
0.069 | 907360 | 7 |
0.070 | 1070379 | 9 |
0.071 | 1229037 | 11 |
0.072 | 1007000 | 8 |
Last trade - 16.10pm 18/09/2024 (20 minute delay) ? |
Featured News
IVZ (ASX) Chart |