IVZ 1.52% 6.5¢ invictus energy ltd

All that talk of higher pressure zones in the lower angwa,...

  1. 7,001 Posts.
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    All that talk of higher pressure zones in the lower angwa, people piling in.... That was the day to sell, though we didn't know it, as iirc they made no mention of upping the mudweight for well control and fubaring all the uncased open hole above, making the 'stated' primary task of obtaining a sample in the upper angwa impossible.
    I even defended the hole was still in good condition... Duh.. Only proved wrong later on.
    Finally got the sample after a very expensive sidetrack much later and ran us out of money...... Curious what this preoccupation with the lower angwa reveals about the upper angwa sands. ?

    Do Ivz have the funds to deepen the well?
    They have chosen their stated use of funds wording extremely carefully, I went back and reread all the announcements yesterday.. Interesting order of releases prior to the rights issue too.
    Cheers @Nergel , tag me in if you hear anything from Sophland.. Tc
 
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