Thanks for linking, I love this statement from Scott:
“The service companies have a better understanding of what the project entails now. There’s a long-term basis for work in the basin, it’s multi-year with scores – to hundreds – of wells involved.”
Regardless of any short term profits I might want to take to accelerate some personal goals, I'll always leave a good chunk of my shares in play here.
The medium - long term looks has so much potential:
- Existing MOUs for gas sales.
- Gas to power profits.
- Any value uplifts from light oil and/or helium in Mukuyu.
- Up to 5 central fairway (gas) targets yet to be drilled with potential to have additional natural gas, oil or helium content.
- Potential for 8 Basin margin plays to come through as standalone oil plays. With the possibility to farm down or sell off either play type as desired.
- Carbon offset project spin off - should be a profitable business in its own right.
- Takeover potential.
I hope we all get the outcome we want here, I look forward to seeing the basin reveal its secrets as Invictus (or someone else on T/O) sinks ''scores - to hundreds of wells''
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