IVZ 7.95% 8.1¢ invictus energy ltd

But even if the average porosity reduces to as low as 10%, the...

  1. 710 Posts.
    lightbulb Created with Sketch. 321
    But even if the average porosity reduces to as low as 10%, the gas should flow, plus they can try fracturing if it's marginal. I am also counting on the strength of the rock because it has high quartz content which should slow down the compaction.

    They have ordered 7"liner. I thought it would already be onsite? Does it mean they will not drill 6" hole to get to 4400-4500m MD? They could prove up massive volumes of gas if it can be found below 4000m
 
watchlist Created with Sketch. Add IVZ (ASX) to my watchlist
(20min delay)
Last
8.1¢
Change
-0.007(7.95%)
Mkt cap ! $116.6M
Open High Low Value Volume
8.7¢ 8.7¢ 7.8¢ $550.8K 6.685M

Buyers (Bids)

No. Vol. Price($)
1 6256 8.0¢
 

Sellers (Offers)

Price($) Vol. No.
8.1¢ 65918 1
View Market Depth
Last trade - 16.10pm 05/08/2024 (20 minute delay) ?
IVZ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.