IVZ 1.49% 6.8¢ invictus energy ltd

Cautious Optimist, page-9

  1. 3,861 Posts.
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    The rig does not have an indicative departure date, so obviously Scott has said, if after the 2 exploration wells have been drilled we have confirmed hydrocarbons then we'll need you for subsequent appraisal wells, so dont go anywhere.
    Once the prospect is confirmed to be commercial, then a production well should follow.
    This subsequent drilling should be readily funded at a much higher shareprice than current, and the move to commercial production should be accelerated to help ease the demands of an energy startved corner of the globe
 
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