IVZ 0.00% 8.3¢ invictus energy ltd

Ann: Preliminary Wireline results shows Multiple Potential Zones, page-610

  1. 1,604 Posts.
    lightbulb Created with Sketch. 655

    If this well is tight, it could very well become a tight gas play. On a 200sqkm closure and the amount of potential reservoir rock volume there is, the size of the resource could still be substantial. It still could be a discovery but will be more expensive to develop. This could be when the oil majors with deep pockets get involved, as they would have the cash and technical know-how to develop the field commercially.




 
watchlist Created with Sketch. Add IVZ (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.