IVZ 1.47% 6.7¢ invictus energy ltd

Ann: Trading Halt, page-181

  1. TK4
    217 Posts.
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    Thanks Geo and Butch.

    "Just getting back to @TK4’s original question - you would expect that we have the potential for a discovery in the Post-Dande to be announced separately to the results from the Pebbly Arkose and Upper Angwa which will most likely be announced together."

    I agree. MK1 was drilled (12 ¼” hole) down to near the base of a substantial regional seal above the primary targets (Pebbly Arkose) at a depth of just over 2,000 meters. Which exposed Post Dande, Dande and Forrest horizons for Open Hole Wireline including MDT. And then they ran casing ( 9 5/8") (Cannot drill deeper with a smaller drill bit with out running casing, and once it is cased, Open Hole Wirelining can no longer be done)

    The primary targets (Pebbly Arkose and Upper Angwa) were then drilled with a 8 ½” hole section. Which then allowed for another suite of Open Hole Wire lining, before casing again.

    I expect M2 to be similar.

    That gives us at least two opportunities for discovery announcements. Happy to be corrected.



 
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