IVZ 3.70% 7.8¢ invictus energy ltd

300m or more net pay sounds close to the 50% high side case I...

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    300m or more net pay sounds close to the 50% high side case I estimated some days ago. The case I ran assumed 50% NTG and 70% NTG within a sand. Given today's findings, there might be scope for increasing the 70% to more than 80%?

    if you apply 50% NTG and 80% NTG within the sand the total estimated prospective resources for the Lower Angwa would come to about 67 Tscf for an interval between 3100m and 4400m MD. Plus about 9 Tscf in the Upper Angwa. Could Mukuyu be worth $A 17 per share and at Discovery more than $A 3 ?
 
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