Hello all, Appreciate to analysis. New here and not yet invested but thinking about it. By no means I am trying to down ramp but rather to understand the risk with IVZ. Would you, or anyone here know much about the actual technicalities and especially Oil-Water Contact/Gas-Water Contact (OWC/GWC)?
Apparently this is the biggest pre drill uncertainty and can easily cut resource estimates quite a bit, up to 80%? I do not know much about this subject so I wondered if anyone here would know anything more about?I have tried going through the independent study by Getech and past presentations with no mention of this. I only came about this information through Equivest Twitter post and got me thinking: https://expronews.com/company-news/the-billion-barrel-west-of-shetland-discovery-that-didnt-exist/ TIA
IVZ Price at posting:
19.0¢ Sentiment: Hold Disclosure: Not Held
