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6.5¢ invictus energy ltd

Ann: Mukuyu Gas Discovery, page-230

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Roch2077

9,965 Posts.

1962

07/12/23

11:51

Post #: 71323386
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Originally posted by Grfe4: ↑

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.

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your replying to an individual that owns 7k worth of shares that doesn’t understand anything you said Grfe4 ignore him

IVZ Price at posting: 22.3¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 6.5¢		Change 0.003(4.84%)		Mkt cap ! $92.16M

Open	High	Low	Value	Volume
6.2¢	6.7¢	6.2¢	$184.2K	2.849M

Buyers (Bids)

No.	Vol.	Price($)
3	121900	6.4¢

Sellers (Offers)

Price($)	Vol.	No.
6.7¢	224226	2

View Market Depth

No.	Vol.	Price($)
3	121900	0.064
1	8000	0.063
4	129951	0.062
4	136870	0.061
4	437920	0.060

Price($)	Vol.	No.
0.067	224226	2
0.068	15000	1
0.069	100550	2
0.070	544978	6
0.073	100000	1

Last trade - 16.10pm 03/06/2024 (20 minute delay)


Last 6.5¢			Change 0.003 ( 4.84 %)
Open	High		Low	Volume
6.4¢	6.6¢		6.3¢	1672914
Last updated 15.50pm 03/06/2024 ?

IVZ (ASX) Chart