IVZ 2.47% 7.9¢ invictus energy ltd

I don't think many here understand how quickly the company is...

  1. 16,392 Posts.
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    I don't think many here understand how quickly the company is moving to production and why its so important we don't get a Woodside type involved.
    It took a decade to get SNE field in Senegal to production, not sure its kicked off yet and WDS involvement put the cost of development up by 4 times Cairn Energy's first numbers, 800 million USD to over 5 billion, hence the reason I'll be gone on WDS involvement. Canarvon [CVN] haven't produced anything from their find in 2018 and are going to FID end of this year.

    SM has to be mega confident to be pushing the production mantra so hard without a flow test to back it up.
    I think IVZ sp is wound tighter than a spring and a flow test-farm down- PPSA done with an 18 - 24 month work programme with wells both East and Shelf edge which are significantly derisked and we are likely to be like Falcon Heavy.


 
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