IVZ 1.61% 6.3¢ invictus energy ltd

IVZ media thread, page-6211

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    If you had clicked on the link I provided following my my recent reply to Butcherano it contained a chart illustrating where the region for conventional reservoirs are compared to unconventional. It was based on viscosity plotted against effective permeability. If the gas has viscosity off approx 0.02 cp and permeability in the range 0.1 - 20+ mD and has minimal skin damage then the quality of the rock ought to be sufficient for the well to flow without stimulation.

    I disagreed with Butcherano because if there is 35m net pay and even if the skin factor is +5, I believe an effective perm of 2mD to 5 mD should lead to 10 - 25 mmscf/d.

    The issue is lack of PPSA, poor funding mechanism which has led to costly operational delays.









 
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