IVZ 0.00% 7.0¢ invictus energy ltd

Ann: Mukuyu Gas Discovery, page-225

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  1. 772 Posts.
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    Actually, even before I released my estimates of in place prospective volumes there were several people stating that we should achieve 20 - 25% net to gross from the Upper Angwa from a 900m gross interval.

    My estimates assumed a minimum of 10% net to gross and a best case of 15% net to gross (reservoir sand vs shale and sand) for the UA, each with 70% NTG within the sand intervals. So the minimum was about 7% and the best case about 10% NTG.

    Today's net pay figure of 13.9 m is a preliminary estimate subject to calibration using sidewall core samples.

    The reality of the situation is that poor permeability zones can be fracture stimulated to achieve 2-3-times greater flow rate than from an unstimulated well.

    Last edited by Grfe4: 07/12/23
 
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