IVZ 1.61% 6.3¢ invictus energy ltd

Discovery, page-183

  1. 5,128 Posts.
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    Yeah, booted just before question time.

    Some quick notes:
    Albertine Graben in Uganda was multi bb on half the size of Cabora Bassa
    2 from 2 in the basin – phenomenal effort
    Now just looking for valid traps
    Discovery tbc in LA, live gas interpreted same as UA
    Background on getting the ground – 4 years to secure the master position
    Eastern play, processing nearly complete, early look is promising - extension of Mukuyu
    Margin targets – string of pearls, untested, enormous running room
    Very good mud gas data over entire well interval
    M1 Good seal right through the well
    M2 some cross fault seal issues
    Very nice sands in PA
    Both plays will work in some part of the structure
    Planning the appraisal and early monetization
    Drilling ahead in LA at the moment
    Evaluation (wireline) sometime next week

    Scott seemed much more business-like, very matter of fact. He knows what we have.
 
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