IVZ 1.45% 7.0¢ invictus energy ltd

Ann: Prospective Resource Upgraded to 20Tcf and 845m Barrels, page-48

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    Could read the below excerpts all day. Project has been De-Risked substantially.

    “The substantial work undertaken to plan, acquire, process and interpret the CB21 Seismic Survey and integrate it into our geological and basin modelling studies has enabled us to identify and quantify the additional prospectivity. This has not only materially enhanced the value of our acreage, but also de-risked it.

    ”The Mukuyu-1 well will test seven major targets from the 200 to 650 horizons, including the primary Upper Angwa targets, and provides the Company with multiple opportunities to make a material hydrocarbon discovery.”
 
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