IVZ 4.23% 7.4¢ invictus energy ltd

Flow test Workover rig question, page-10

  1. 9,867 Posts.
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    Hi Fatty, I don’t think that has ever been the plan? Mobilising a work over rig only to stack 202 would be akin to pouring cold hard cash down the drain. Bringing a work over rig into the country would only make sense if we were sending 202 out East or to the basin margin to simultaneously punch another hole. I think eventually this would make sense but for now while we are on a tight budget, we utilise 202. When we end up with a deep pocketed partner or signed GSA’s and finance deals done, that’s when we’ll look at rolling out the full arsenal of artillery IMO.
 
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