IVZ 3.70% 7.8¢ invictus energy ltd

Roch2077 stated: The great thing IVZ has up its sleeve is that...

  1. 50 Posts.
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    Roch2077 stated:

    The great thing IVZ has up its sleeve is that all samples flowed to surface using “conventional flow testing tools” tells you how good the
    fundamentals are

    Roch2077 please try and use proper terminilogy, "samples were retrieved from the well" they didn't just flow to the surface "using conventional flow testing tools". A flow to the surface has a quite specific meaning in the oil and gas industry. The things to watch for with the flow test when it is done are:

    (1) Does the well flow naturally due to reservoir pressure or is stimulation or lifting required to make it flow to the surface.
    (2) what is the composition of the gas or liquids that flows to the surface
    (3) What is the flow rate and over what period do they sustain a flow to the surface
    (4) What pressure drawdown (decline) is observed over the period that the well flows

    The well may be capable of flowing hydrocarbons to the surface naturally but that has yet to be demonstrated.

    I believe the assumption so far is that the resevoir is conventional but in a frontier area like one with so little data collected even that could be up for debate.




 
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