IVZ 0.00% 7.9¢ invictus energy ltd

Ann: Multiple Farm-in Bids Received & Wellpad Construction Start, page-63

  1. 9 Posts.
    lightbulb Created with Sketch. 6
    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
 
watchlist Created with Sketch. Add IVZ (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.