IVZ 1.61% 6.3¢ invictus energy ltd

Hi All,For those interested, just Posting my review of todays...

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    Hi All,

    For those interested, just Posting my review of todays announcement:

    IMO Key points (relate to numbers in Slide below):

    1. "..wireline logs has identified multiple hydrocarbon bearing zones in the Upper and Lower Angwa..." - if the zones contained low hydrocarbon saturations, then IMO the release would have had to have stated this re: continuous reporting obligations

    2. "..to clear a slight restriction..." - sounds as though the hole is currently in adequate / good condition

    3. "...is subject to further calibration..." - read as expecting minor adjustments - thus logs are of adequate / good quality with no material ambiguities.

    GLTAH
    Cheers
    VOGC

    https://hotcopper.com.au/data/attachments/5713/5713623-c4d7d0036fc3201537041771898540ee.jpg
 
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