IVZ 4.55% 6.9¢ invictus energy ltd

Ann: Total Depth Reached with Additional Zones of Elevated Gas, page-292

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    BPT are paying $5.71 CASH per boe for WGO. These are proved reserves, rather than a prospective resource. IVZ will have to spend a few $100 million to prove up the reserves, but I am sure there will be eager parties wanting to fund this work.

    If you do the calculations on what IVZ may have in the ground, the numbers are staggering.
 
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