IVZ 1.14% 8.7¢ invictus energy ltd

Ann: Prospective Resource Upgraded to 20Tcf and 845m Barrels, page-162

  1. 485 Posts.
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    In case 20 TCF isn't enough - more info on our second well to come after gazettal:

    ''• The expect gazettal of a 7-fold licence expansion in coming weeks to 709,300 hectares – where IVZ has already shot seismic and will be delivering interpretation of potentially five or more Basin Margin Play prospects.

    • IVZ will select and drill one of the several identified Basin Margin leads. While likely to be much smaller size than Mukuyu’s Basin-Centre play, the Basin Margin prospects diversify chances of a discovery. In analogue African rift basins,once identified Basin Margin prospects have better than 80% wildcat discovery rate.''


    Sounds pretty good to me.
 
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