IVZ 4.62% 6.2¢ invictus energy ltd

Roch wrote:"as your image shows the resource gets significantly...

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    Roch wrote:


    "as your image shows the resource gets significantly larger as the data comes through

    The image I showed says nothing about volumes getting bigger as data comes through. It only shows the industry standard cassification system.

    You believe the volumes will get bigger, I believe they will be redefined and reclassified based on a range of technical and commercial parameters. At the end I don't care about a pre-drill 20TCF prospective resource estimate I care about a certified proven (commercial reserves) figure after analysis of well samples, well drilling and well testing.

    In my view Scott has just told us it will be a while before we see a certified proven (commercial reserves) figure and it will take more time, drilling of untested fault blocks and money not just the current attempts to fund deepening the second well, flow testing it and shooting/interpreting a 3D seismic program.





 
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