IVZ 1.61% 6.3¢ invictus energy ltd

COMP - pre Spud Announcement price and all-time high post-Spud Announcement, page-161

  1. 681 Posts.
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    I would not completely rule out the chance of drilling into productive oil in the Pebbly Arkose and shallowest part of the Upper Angwa. VOGCs slides from 28th June 2023 contained plots which indicated that the gas balance ratio was less than or equal to the wetness ratio for the sidewall core samples at 3033m MD and 3172m MD in the Upper Angwa.The conclusion was that that these depths the Upper Angwa could contain productive light oil (high API oil gravity) with high GOR consistent with volatile oil, liquid condensate, or rich gas condensate.

    Regarding the Pebbly Arkose, sidewall core samples have indicated strong fluorescence at 2407m MD, 2418m MD and 2467m MD, which might indicate oil charge?

    the distance between MK-1 and planned MK-2 is about 7 Km.

    Last edited by Grfe4: 18/09/23
 
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