IVZ 0.00% 8.0¢ invictus energy ltd

Hi All,Just posting for those interested my summaries of the ASX...

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    Hi All,

    Just posting for those interested my summaries of the ASX 24/11/22 & Webinar.

    Key points IMO:
    - drilling a ST for fluid sample & pressure data is an excellent decision based on well bore conditions and particularly the thickness of skin taken off the SWCs - SM's comment "very low chance of successfully acquiring a sample" [a hydrocarbon sample from the sample chamber]

    - Mukuyu-1's results so far de-risk further exploration within the Basin

    - Pebbly Arkose has potential for gas & light oil

    - Upper Angaw
    - lots of zones with gas in them
    - irrespective of logging parameters used
    - much thicker Upper Angaw section intersected - potential for a material increase in resources on a discovery being declared
    - structure is potentially filled to spill
    - sands in the hydrocarbon columns do not appear to contain any water legs

    - condensate or light oil - from "fingerprints", mentions potential for light oil on a number of occasions
    - from visual inspection medium to coarse grained sandstone - encouraging for permeability

    GLTAH
    Cheers
    VOGC

    https://hotcopper.com.au/data/attachments/4867/4867432-94f066af0feedc98ab6fc685919e6527.jpg

    https://hotcopper.com.au/data/attachments/4867/4867439-bbaf95fde8a89a4a3a3353990a6e3606.jpg


    https://hotcopper.com.au/data/attachments/4867/4867441-f9438cd4f986a4b031119a698df794ad.jpg

 
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