IVZ 0.00% 7.0¢ invictus energy ltd

It’s not nearly that simple, these rare monster rigs are booked...

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    It’s not nearly that simple, these rare monster rigs are booked to move on to next contracts and once that pad is drilled, it’s drilled. Even if available to Move the whole thing and go again costs $20M and months in between each time is my limited experience. Google images of a drill site with ensign rig 960 or something like that.
    The good thing is there are many potential reservoirs stacked on top of each other greatly increasing the COS in at least one as we drill down through to total depth of around 5000m.
    Last edited by justinmetals: 02/05/21
 
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