IVZ 4.23% 7.4¢ invictus energy ltd

IVZ Share Price, page-10420

  1. 1,128 Posts.
    lightbulb Created with Sketch. 1475
    Regarding that article about the recent ReconAfrica well:
    "
    Although geologically a successful well, economic accumulations of hydrocarbons were not encountered, very likely due to the absence of a trap or a four-way dip closure.*"

    From @Kiwigeo8339:

    "A working hydrocarbon system consists of a mature source rock, migration pathway,reservoir rock, trap and seal. To date IVZ have proven that they have all five. All they are missing is proof that the hydrocarbons are moveable and that any discovery is commercial."

    The above reasons are why im bullish on IVZ in comparison to the failures of 88E and other plays as they didn't have these same indicators as IVZ... fingers crossed

    Last edited by SugeKnight: 09/12/22
 
watchlist Created with Sketch. Add IVZ (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.