slipperymack asked:
Were all the reservoir conditions on that failed well exactly the same as the Mukuyu wells?
Have you ever taken part in a discovery well that did flow?
I worked most of my 30+ year career in upstream oil and gas around the world with the last 15 year working in Exploration. I have seen the results for a significant number of wells that were flow tested (infact in my last job one of my roles was to edit the text of the internal well test announcments so that senior management got consistent reports).
Reservoir conditions in every field are different. Explorationists sometimes talk about analogues when they compare one field or basin against another, these analogues are imperfact. My point in quoting the one example from my past is that evey well in a frontier area delivers a surprise (but from experience I have to say even wells in more mature areas can deliver surprises both good and bad).
In Zimbabwe any suggestion that exploration is "like shooting fish in a barrel" just because of IVZ's last 2 wells is BS.
- Forums
- ASX - By Stock
- IVZ
- IVZ - General Discussion
IVZ - General Discussion, page-1293
-
-
- There are more pages in this discussion • 450 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add IVZ (ASX) to my watchlist
(20min delay)
|
|||||
Last
6.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $95.70M |
Open | High | Low | Value | Volume |
6.9¢ | 7.0¢ | 6.7¢ | $91.14K | 1.343M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 92328 | 6.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.9¢ | 133633 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 92328 | 0.068 |
5 | 500725 | 0.067 |
8 | 258024 | 0.066 |
3 | 783384 | 0.065 |
4 | 164202 | 0.064 |
Price($) | Vol. | No. |
---|---|---|
0.069 | 58466 | 5 |
0.070 | 425584 | 6 |
0.071 | 99434 | 1 |
0.072 | 180000 | 2 |
0.073 | 425000 | 3 |
Last trade - 15.56pm 10/07/2024 (20 minute delay) ? |
Featured News
IVZ (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online