IVZ 1.45% 7.0¢ invictus energy ltd

The two depths reference to different reference point, so the...

  1. 77 Posts.
    lightbulb Created with Sketch. 384
    The two depths reference to different reference point, so the higher number is measured along the length of the borehole, and the smaller number is called “true vertical depth” converting the along hole depth to true vertical depth accounting for wellbore deviation. It has nothing to do with column height.

    my interpretation of this graphic is that they pumped below the fluid dew point and condensate dropped out, giving the oil/condensate signal after the gas signal. Phase separation before sampling will not give a representative sample as you are leaving some of the condensate behind. You always want to sample single phase. They saw this, stopped pumping after conferring with town and then found it was sticky getting off the wall. Made the smart decision to go TLC because this sample is shallow, the problem will only get worse with depth.

    they will not have a sample on board.

    my 2c etc
 
watchlist Created with Sketch. Add IVZ (ASX) to my watchlist
(20min delay)
Last
7.0¢
Change
0.001(1.45%)
Mkt cap ! $99.25M
Open High Low Value Volume
6.9¢ 7.1¢ 6.8¢ $153.3K 2.193M

Buyers (Bids)

No. Vol. Price($)
5 74962 7.0¢
 

Sellers (Offers)

Price($) Vol. No.
7.2¢ 218454 5
View Market Depth
Last trade - 16.10pm 14/05/2024 (20 minute delay) ?
Last
7.0¢
  Change
0.001 ( 4.48 %)
Open High Low Volume
6.9¢ 7.2¢ 6.7¢ 1291183
Last updated 15.59pm 14/05/2024 ?
IVZ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.